Hong Kong's Financial Sector Thrives Amid Global Geopolitical Shifts

According to PANews, Hong Kong's financial sector is experiencing significant growth as global investors reassess their asset portfolios due to geopolitical tensions. Hong Kong's Financial Secretary, Paul Chan, noted in a blog post that the city has become a safe haven for capital, with total bank deposits rising over 10% this year to exceed HK$19 trillion, following a 7% increase last year. Hong Kong's stock market has seen robust activity, leading global fundraising efforts, while the wealth management industry continues to flourish. The city's financial collaborations with international partners are deepening, reflecting the global interest in Hong Kong's market source: https://www.binance.com/en/square/post/32760845508033?utm_source=BinanceNewsRSS