Hong Kong remains stable as oil prices surge amid Middle East turmoil: Paul Chan

Hong Kong authorities are closely monitoring the war in the Middle East sparked by the US-Israel attack on Iran and the resulting volatility in global oil prices, although the immediate impact on the city’s economy remains limited, the finance chief has said. Financial Secretary Paul Chan Mo-po also said on Sunday that while geopolitical instability had shaken international investor sentiment, the city’s financial markets continued to operate in an “orderly and smooth” manner, with capital flows...

Source: scmp.com at 3/29/2026 7:26:45 AM.

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