Middle East conflict could divert new capital to Hong Kong: treasury chief

The conflict in the Middle East could divert new capital to Hong Kong due to the city’s stability and regulatory certainty, the treasury minister has said, while pledging to keep markets operating smoothly amid energy price shocks caused by the war in Iran. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said on Sunday that the government would step up efforts to attract family offices and become a commodity trading hub as investors increasingly factored in political...


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