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Hong Kong Emerges as Safe Haven for Investment

3/21/2026

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Story summary
  • Hong Kong aims to attract foreign investment as a safe haven amid Middle East tensions, according to InvestHK head Alpha Lau Hai-suen.
  • Companies previously using Dubai as a hub shift to Hong Kong to diversify risk amid rising costs and the US-Israel conflict.
  • Middle Eastern banks are increasing investments in Hong Kong, with several setting up offices to strengthen regional ties amid Iranian threats against Middle East financial institutions.