Quote from asiaprop:
definitely HK, tax wise. Corporate and also income taxes are dirt cheap, unless you are American (taxation treaty). Thats why pretty much every trading desk has moved out of Tokyo and to HK. Buy side has established itself in Singapore and sell side in HK. Thats how I see it.
lately HF $ is flowing to HK. outside of Tudor vast majority of HF in Singapore are pure fundamentalists. anybody more trading oriented will be setting up in HK because of the China angle.
do you run a cta out of HK?
