"Hong Kong's worsening air pollution is prompting a number of
hedge funds to move to Singapore, in a trend that could undermine the
competitiveness of the territory's financial sector."
And when the quality of the environment dips below the acceptable level, people and by extension companies, will penalize that event financially.
That Hong Kong's pollution is getting worse is not a matter of debate anymore. And because of that fact, Hong Kong's financial community is adversely affected.
So, you see, the environment does matter.
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