Hong Kong Positioned as Financial Safe Haven Amid Global Turmoil
Amid Middle East tensions, Hong Kong is gaining prominence as a stable financial hub. The city is seen as a potential beneficiary for capital, property, and gold markets.
The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In the third of a three-part series, we look at Hong Kongโs position as a stable base where demand for property has held firm despite the global turmoil. The seven-week military conflict in the Middle East will redefine Hong Kongโs role as a global financial centre,...