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Could Hong Kongs financial and banking regulatory standards deteriorate?

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Could Hong Kongs financial and banking regulatory standards deteriorate?

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Not likely. Chinese financial institutions will be treated as if they are foreign institutions in Hong Kong. They will not enjoy any special privileges compared with the other 492 foreign banks from over 40 countries there. And after 1997, Chinese banks operating in Hong Kong will continue to be supervised by the Hong Kong Monetary Authority under its current policies and practices.

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