XI’S GOTTA HAVE IT: As China-US ties worsen, Hong Kong bankers fear for their careers.

Since China’s Communist Party congress last month, bankers and asset managers I have spoken to are worried. They wonder whether they have viable careers at all.

The defiant tone President Xi Jinping took toward the US got those hardworking financiers scared. Already, strains between the two global superpowers led some of the biggest US pension funds to reassess their exposure to China, with one slashing its portfolio allocation and another halting new investments.

What if geopolitical tension over Taiwan intensifies and Washington DC imposes more sanctions on Chinese companies, or even restricts US investments in Chinese assets?

Xi got his third-to-life term already. Punishing Hong Kong bankers is just gravy.