Hong Kong builds ties with Middle Eastern investors, but crypto remains a challenge

2023 marked a year of increasing ties between Middle Eastern investors and the Hong Kong market.

Following John Lee, chief executive of the Special Administrative Region SAR, and his delegation’s month-long visit to the Gulf region in February 2023, more corporates and investors have shown interest in the city, in part as a gateway to mainland Chinese opportunities.

The Belt and Road Summit, held by Hong Kong’s government and Trade and Development Council in September, for the first time incorporated a dedicated session to the Middle East, detailing investment ties and opportunities between the two markets.

Capital markets

Despite Hong...