Escalation of trade tensions, The Hong Kong Jockey Club plans to sell $1 billion worth of US assets.

Zhtng Cijng APP huzh, j bogo, yn Migu zngtng tlng p shng rn hu, moy jnzhng jsh jij, xinggng simhu zhng jhu chshu god 10 y miyun de tuz, zhyo bl migu zchn. Gi tuz mqin yu Hish jtun, TA Associates Management, Hupng tuz j Clayton Dubilier & Rice chyu. According to the report from the Wisdom Financial APP, due to the escalating trade tensions since US President Trump took office, the Hong Kong Jockey Club is planning to sell up to $1 billion worth of investments, mainly divesting US assets. The investment is currently held by Blackstone Group, TA Associates Management, Hua Ping Investment, and Clayton Dubilier & Rice.