Chan Mo-po: Hong Kong's capital can flow in and out freely with a stable exchange rate, and can serve as a "safe harbor."

AASTOCKS
2026.03.02 02:24

The United States and Israel have launched military actions against Iran. Financial Secretary Paul Chan stated that this will have a significant impact on the financial markets, and market fluctuations are inevitable. However, he believes that funds in Hong Kong can move freely, and with a stable exchange rate, Hong Kong can serve as a "safe haven."

Paul Chan mentioned that Hong Kong must work hard to do its job well and assist good companies in coming to Hong Kong. Additionally, Saudi Arabia is increasingly interested in diversifying its asset allocation, which presents development opportunities for local consulting and construction companies