3 ms·
Jane Street moved a lot of people out.
by lostmsu 9mo ago
Jane Street moved a lot of people out.
- alephnerd 9mo agoIK. Jane Street - like other Western financial institutions - has been de-risking out of China for a couple years now. That's why I wrote the comment below: "If you were a company that was primarily and overwhelmingly operating within China, after the changes there was no incentive not to shift most of your operational and executive staff to Shanghai. If you weren't one of those, then shifting to Singapore makes sense." Jane Street isn't dependent on Chinese markets. It primarily operates in Western markets with speculative bets in Asian markets excluding China such as SGX and NSE+BSE in India (albeit with a massive regulatory target on their back). China has done infringed on it's agreement with the HK people, but not all capital in Greater China is Western and is increasingly Chinese originated.