Hong Kong should use ‘safe haven’ status to draw capital from Gulf: agency chief

Hong Kong should leverage its position as a “safe haven for investment” to attract foreign capital amid the ongoing conflict in the Middle East, the head of InvestHK has said, noting that more companies using Dubai as a hub have shifted to the city to diversify risk. Alpha Lau Hai-suen, director general of the Hong Kong government’s investment promotion agency, said on Friday that businesses were cautious about expanding operations, given the rising operational costs and uncertainty stemming...


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