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Fortune

Nicholas Gordon

Trump's victory could make life harder for Hong Kong—and that may be good news for Singapore's banks

Singapore OCBC Hong Kong ING Lawrence Wong Donald Trump China Asia United States SouthEast Asia

(Credit: Dirk Daniel Mann—Getty Images)

Mere minutes after the Associated Press declared the U.S. presidential election for Donald Trump, Singapore’s prime minister, Lawrence Wong, took to the social media platform X to offer his congratulations.

“I look forward to taking our partnership to even greater heights,” Wong’s official account posted. “We hope to welcome you back to Singapore soon!”

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