‘Take a long-term view’: Hong Kong minister says Middle East investment unaffected

Hong Kong’s investments in the Middle East will not be derailed by ongoing conflicts, the commerce minister has said, expressing confidence in the region’s economic prospects and urging businesses to take a long-term view. “The geopolitical situation has a temporary impact, but in the long term, we remain hopeful about development in the Middle East,” Secretary for Commerce and Economic Development Algernon Yau Ying-wah told a radio programme on Saturday. “We have many strengths in areas such...

By Matthew Cheng