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In turbulent times, will Hong Kong be a safe haven?

Why the Northern Metropolis needs more than one big push

Toys ‘R’ Us game-changer: ‘kidults’, compact shops fuel pivot as Hong Kong retail evolves

Global retail investors shift to cash, but Asia still draws wealthy clients: Schroders CEO

Hong Kong economy

Helping boost Hong Kong are a pegged exchange rate, free capital flows and support from China’s economic strength. Photo: Jelly Tse

News

Hong Kong

Hong Kong Economy

Politics

Society

Hong Kong wants to become a global gold vault. Does the Iran war create an opening?

The Hong Kong Gold Exchange kicking off the Year of the Horse with its traditional Chinese New Year opening ceremony in Sheung Wan. Photo: SCMP

Geopolitical risk is driving a rethink of where bullion is stored – and Hong Kong’s unique status is drawing attention.


Hong Kong property may see uptick in ‘safe haven’ demand as Iran war rattles Dubai market

Sino Land’s La Mirabelle project sold 595 units over the past three weeks, generating more than HK$5.2 billion. Photo: Jelly Tse

The skyline of Dubai is seen in this picture taken on September 1, 2024. Photo: Xinhua

The Pavilia Farm III, jointly developed by New World Development and MTR Corp in Sha Tin, offers luxury three and four bedroom flats. Photo: Handout

Early signs of capital inflows and tenant movement emerge as Dubai property softens and investors rethink regional bets.


Hong Kong reasserts role as safe haven in global finance amid Middle East turmoil

Hong Kong is the world’s biggest market for offshore yuan, with more than 1.1 trillion yuan of such deposits. Photo: Shutterstock

HSBC’s Hong Kong unit has said that some of its international clients had contacted local bankers for advice on diversifying their portfolios amid geopolitical tensions. Photo: Eugene Lee

The city’s safe-harbour appeal for capital and investments grows as China’s support strengthens its edge while Dubai faces pressure.


The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In this three-part series, we look at Hong Kong’s position as a stable ground despite the global turmoil.


US-Israel war on Iran

Series

In turbulent times, will Hong Kong be a safe haven?

Hong Kong wants to be a global gold vault. Does the Iran war create an opening?

Geopolitical risk is driving a rethink of where bullion is stored – and Hong Kong’s unique status is drawing attention.

Hong Kong real estate gains as Middle East tensions rattle Dubai market

Early signs of capital inflows and tenant movement emerge as Dubai property softens and investors rethink regional bets.

Hong Kong reasserts role as safe haven in global finance amid Iran conflict

The city’s safe-harbour appeal for capital and investments grows as China’s support strengthens its edge while Dubai faces pressure.