Via The Australian comes the Gottiboff nightmare:
In Sydney, the wealth management arm of global investment bank Citi reports a 50 per cent lift in “funds flow” out of Hong Kong and into Australia.
Anthony Si, an investment specialist at Citi says, “high net worth clients view Australia as a safe haven during political unrest in Hong Kong and that’s coupled with the Australians dollar nearing a 10-year low against the US.”
