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economy Scmp World 2026-05-04

Former Hong Kong Leader Urges Strengthening of Maritime Sectors Amid Tensions

CY Leung, former leader of Hong Kong, believes the city must bolster its maritime-related sectors, including shipping insurance and management. He emphasized the need for strategic thinking to maintain Hong Kong's status as a global maritime hub amidst increasing geopolitical instability.


Hong Kong should develop its shipping insurance and management capabilities, among other areas, to strengthen its status as a global maritime hub amid intensifying geopolitical tensions, former city leader Leung Chun-ying has said. Leung, in his capacity as co-founder and honorary adviser to the Hong Kong Chamber of Shipping, said in a wide-ranging interview last week that the city should adopt big-picture thinking when it came to unpredictable global developments to minimise exposure to...

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