Techub News Report, according to Caixin, Hong Kong SAR Financial Secretary Paul Chan Mo-po today stated that Hong Kong has limited direct trade and investment with Iran, but the Middle East conflict creates significant uncertainty for the global economy. He estimates that financial markets will experience greater volatility, with capital flows becoming faster and more uncertain. Local funds may seek a "safe haven" by coming to Hong Kong. The SAR government has prepared contingency plans and is carefully managing financial risks. He pointed out that this conflict could temporarily impact gold prices, oil prices, and international trade transportation costs. The authorities have been continuously assessing related risks.
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Techub News Report, according to Caixin, Hong Kong SAR Financial Secretary Paul Chan Mo-po today stated that Hong Kong has limited direct trade and investment with Iran, but the Middle East conflict creates significant uncertainty for the global economy. He estimates that financial markets will experience greater volatility, with capital flows becoming faster and more uncertain. Local funds may seek a "safe haven" by coming to Hong Kong. The SAR government has prepared contingency plans and is carefully managing financial risks. He pointed out that this conflict could temporarily impact gold prices, oil prices, and international trade transportation costs. The authorities have been continuously assessing related risks.