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Alpha Lau: Middle East Instability Affects Corporate Expansion; Significant Capital Shifting to HK
2026-03-20 17:40:26 The recent instability in the Middle East has created uncertainty about how long the impact will last, and companies are cautious about expansion and more careful about developing the Middle Eastern market, said Alpha Lau, Director-General of Investment Promotion, at a seminar in Beijing. On the other hand, many companies that previously used Dubai as a hub are now seeking safe havens, with significant capital shifting to Hong Kong and some to Singapore, Lau added. Some funds initially planning to establish in the Middle East have moved eastward to Hong Kong, and there have been numerous inquiries from companies recently, indicating that Mainland China and Hong Kong remain the safest and most reliable places. ~ AAStocks Financial News Web Site: www.aastocks.com | |