Environmental, social and corporate governance (ESG) investing has moved into the mainstream and, at US$53 trillion, could account for one third of assets under management as soon as 2025, based on data from Bloomberg.
As the global trading environment continues to reshape following the COVID-19 pandemic, Hong Kong exporters across a wide range of industries, including watches and jewellery, are looking towards the Middle East.
Leaders in the key Gulf states of Saudi Arabia and the United Arab Emirates (UAE) enthusiastically welcomed the 30-strong Hong Kong delegation led by Chief Executive Mr John Lee and organised by the Hong Kong Trade Development Council (HKTDC), underlining the city’s role to connect them with the world.
Links between China and the Arabian Peninsula date back centuries – the Aladdin legend reputedly originated in China and marine trade with and through Arabia long predated links with Europe – so it is no surprise that Hong Kong reached out to Saudi Arabia and the United Arab Emirates after travel restrictions ended.
In a fast-changing world the Middle East has become an economic hot-spot with many fast-growing economies which are rapidly diversifying beyond their traditional reliance on energy exports.
Hong Kong fully opened its doors on 6 February, admitting travellers without PCR tests or COVID vaccine requirements, reviving the city’s role as a global financial hub and gateway to Mainland China.
Supply-chain disruptions driven by the COVID-19 pandemic and associated control measures severely disrupted computer hardware production, creating strong demand for cloud-based software-as-a-service (SaaS) applications.
Good vision is critical for children’s development, which makes early diagnosis and treatment of eye-related problems important. But eye specialists are familiar with issues associated with testing young children’s vision as the charts can be hard to understand, especially for toddlers.