Capital Flight From Hong Kong (w/ Kyle Bass)

I had dinner with a friend that just sold both pieces of real estate that he had there and he moved his family to London…

from Real Vision Finance

Kyle Bass, CIO of Hayman Capital, discusses the dire geopolitical situation in which Hong Kong finds itself. Bass talks with Raoul Pal about how the threat of Chinese political interference could lead to a financial crisis caused by capital flight. This video is excerpted from a piece published on Real Vision on May 3, 2019, entitled “The Asymmetric Opportunity Revealed.”

This past weekend estimates of 240,000 to upwards of 1 million Hong Kong residents were in the streets protesting a new China extradition law which may be put into effect soon in Hong Kong, quelling potential political oppositions and future freedoms of Hong Kong residents.