Hong Kong has become a “safe haven” for capital with bank deposits exceeding HK$19 trillion (US$2.4 trillion) this year, while the city’s goods exports have remained resilient despite the tariff war, the finance chief has said.
Financial Secretary Paul Chan Mo-po on Sunday highlighted Hong Kong’s financial market performance, noting the city’s bank deposits rose by 7 per cent last year over the total for 2023 and by another 10 per cent in 2025.
“Influenced by the geopolitical landscape, global...
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