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Hong Kong: a comeback with Chinese characteristics

After a stagnant few years, the territory’s financial sector is regaining its global standing with a push from Beijing

Ho Lee Fook, a gilded contemporary Chinese restaurant in Hong Kong’s SoHo, is a place where many of the city’s financial professionals gather to celebrate closing deals and soaring stocks.

Its name means “good fortune for your mouth” in Cantonese, but in English it resembles a phrase some might use to express shock at the Chinese city’s rapid revival.

“I’ve never been more optimistic about Hong Kong,” says Syed Asim Hussain, founder of the Black Sheep Restaurants group, which runs Ho Lee Fook and other upmarket restaurants frequented by expats and financiers. Corporate bookings for December are looking better than any of the past five years, he says.

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