Hong Kong national security law may spook socially conscious investors


Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday.

“That’s the one area of international capital flows that could be quite significant,” said Andrew Collier, managing director of Orient Capital Research, a research firm.

Sustainable or “ESG” investing factors in a company’s environmental, social and governance ratings. These strategies vary and are subjective, but generally aim to make socially conscious investing decisions.

Hong Kong has seen more than a year of protests that sometimes turned violent as residents pushed back against eroding…


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