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June 3, 2026
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Hong Kong wants to become a global gold vault. Does the Iran war create an opening?

    Hong Kong wants to become a global gold vault. Does the Iran war create an opening?

    2 months ago02 mins

    The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In the first of a three-part series, we examine Hong Kong’s bid to position itself as Asia’s bullion hub. War in…

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    Hong Kong’s West Kowloon arts hub secures HK$3 billion, 10-year loan facility

      Hong Kong’s West Kowloon arts hub secures HK$3 billion, 10-year loan facility

      4 months ago02 mins

      The authority managing Hong Kong’s West Kowloon arts hub has averted a funding crisis after obtaining a longer-than-usual 10-year loan facility of HK$3 billion, which comes in addition to a US$1 billion (US$383.8 million) bond sale programme announced earlier. The financing would provide a much-needed lifeline to the West Kowloon Cultural District Authority in the…

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