Asia might be the most in-demand market for an expanding trader’s footprint, but it’s not the traditional cities or countries in the region.
Rather, a report from market intelligence firm Acuiti has found that Taiwan is the most popular new jurisdiction for traders.
Hong Kong was the strongest performing “traditional” new opportunity, coming third, whilst Singapore came fifth. Acuiti noted that whilst China was a “sold investment story”, it was still difficult for foreign firms to navigate, and issues about moving money out of the country persisted. A new law coming to force later this year is promising to change that, however – but the Chinese onshore market came second to last.