"Lexus" Leung resurfaces at Blackstone in Hong Kong

The private-equity group expands in Asia-Pacific with new hire Antony Leung, former financial secretary of Hong Kong.

Blackstone has expanded its Asia-Pacific presence by opening its second office in the region. It has selected Hong Kong as the location for this office. In a statement that suggests its major ambitions, the office will be co-headed by the Hong Kong SAR's former financial secretary a role that equates to finance minister in other jurisdictions.

Stephen Schwarzman, Blackstone chairman, CEO and co-founder, says, ├┤We believe that significant foreign direct investment in the Chinese economy is vital to...

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