Growing need for diversification The move comes as global central banks aim to diversify their reserves amid heightened geopolitical tensions and concerns over asset weaponization. Maximizing strategic position Hong Kong now ranks among the world's largest gold import and export markets by volume due to its proximity to major gold consumption markets like the mainland and India, according to Financial …
Hong Kong is seeking new growth drivers in gold trading amid growing geopolitical tensions after Chief Executive John Lee Ka-chiu flagged plans to make the city an international gold trading market. Legislative Council member Tan Yueheng says the initiative comes at an "opportune time", highlighting its strategic consideration and long-term significance to help Hong Kong become a comprehensive financial center …
One young barrister, who spoke on condition of anonymity, said she wanted to stay but added: “I don’t know when it will get to the point where it is unbearable for me.” Her law firm was at the forefront of political pressure, she explained. There is a very real threat that if the judges decide something is not to their …