Hong Kong calls itself Asia's World City but appears to be heading towards "Another Chinese City", with worries that integration into the regional Greater Bay Area will erode the city's huge financial reserves.
Portfolio managers and buy-side analysts give their verdicts on the region's corporations. China Unicom and China Telecom rank highly in China, while Sun Hung Kai Properties and Far East Consortium lead the way in Hong Kong.
A potent brew of volatile markets, inexperienced issuers and increasing competition among banks and brokerages has led to a marked deterioration in G3 bond market practices out of Hong Kong. Calls for change are growing louder.