Citigroup expects that under the US-Iran conflict, Hong Kong is in a favorable position and is likely to attract capital and talent from the Middle East
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Citigroup predicts that due to the US-Iran conflict, Hong Kong will be in a favorable position and may attract capital and talent from the Middle East. As several Asian wealthy families reassess their investment risks in Dubai, the Hong Kong family office JMS Group has arranged for clients to evacuate to Hong Kong. Analysis indicates that Hong Kong can enhance market activity by increasing bond issuance and developing green financial products. Citigroup's report states that geopolitical instability will prompt investors to reassess asset allocation, and Hong Kong is expected to attract some capital inflows
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