India, July 4 -- Unlike India, Singapore and Japan are wooing global capital with massive incentives.

Hong Kong is on the cusp of major changes. Changes that the present generation will live to narrate in detail-from seeing massive dollar influx and huge prosperity to the Chinese Communist Party now passing draconian law and altering its democratic fabric and institutions and reneging its UN obligations. As Asia's dollar centre, Hong Kong plays a pivotal role in global capital markets, after New York and London. Over the next few weeks, financial experts and money market specialists are expecting massive capital flight from the territory as new changes in law are making businesses jittery.

But where will these billions of dollars of fu...