Hong Kong government ‘prepared’ for more volatility after Iran attacks: Paul Chan

The Hong Kong government is prepared for greater global market volatility and risks, as well as increased trade costs and shifting commodity prices, caused by the joint US–Israel attack against Iran, according to the city’s finance chief. Shortly after Iranian state media confirmed that supreme leader Ayatollah Ali Khamenei was killed in the attacks, Financial Secretary Paul Chan Mo-po said the conflict created “significant global uncertainty” in the world economy. “I expect increased volatil...

By Fiona Chow