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Finance

China's security laws send chill through Hong Kong finance sector

Economists and analysts fear prosecution or self-censorship in research reports

Hong Kong's Central business district. The city's status as a global financial hub is in question. Wealthy residents are opening offshore accounts and some people are forecasting a brain drain.   © Reuters

HONG KONG -- Financial professionals in Hong Kong are fearing that their forecasting work and recommendations of stocks and other investments will soon run afoul of China's proposed security laws for the city, leading to self-censorship by their companies or possible criminal prosecution by authorities.

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