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Gulf capital flowing into Asia as Hong Kong-Middle East trade up 35%: Paul Chan

South China Morning Post 12 July 2026 53m ago
Gulf capital flowing into Asia as Hong Kong-Middle East trade up 35%: Paul Chan
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Capital from the Gulf region is showing signs of flowing into Asia, according to Hong Kong’s finance chief, as bilateral trade between the Middle East and the city rose 35 per cent in the first five months of the year. In his weekly blog on Sunday, Financial Secretary Paul Chan Mo-po said Hong Kong and the Middle East had deepened ties in the areas of the economy, trade, finance, innovation and te
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