residents in hong kong opening bank accounts in singapore and other financial centers as protest sparking zaya to about the territory. international banks including u.b.s. h.s.b.c. and credit suisse all reported shopping prints and home phone customers opening overseas accounts that's according to the financial times report by sachs shows as much as $4000000000.00 u.s. dollars in capital may have headed to singapore ready because of the ongoing unrest in hong kong. well let's go straight to singapore where our financial correspondent andrea hang is standing by 4000000000 it sounds like a lot of money how significant is this drain for hong kong is that already palpable . it's a very big deal because you know financial services actually make up a 5th of hong kong's g.d.p. so losing billions of dollars especially to a rival financial hub is going to put a dent in their reputation as well and was still in the financial standing as well with lowering its credit rating for hong kong now meanwhile over here in singapore all wealth consultants are receiving an unprecedented number of inquiries from we