“Much has been said about the flip-flopping of the Trump administration and the prospects of the tariff war,” he said. “For family offices, this uncertainty and unpredictability have added new complexities to their asset-allocation strategies.”
“Hong Kong stands out as a robust destination of choice” based on these factors, he said.
Over the past week, the Hong Kong stock market had an average daily turnover of around HK$360 billion (US$46.4 billion), about 2.8 times that in 2024. Chan said this showcased strong underlying liquidity and investor confidence in the market.
“It’s been a very tough April, but year-to-date is still up for [stock indexes in] both Hong Kong and mainland China, and also additional stimulus could come to counter trade tensions,” Tai Hui, chief market strategist for Asia-Pacific at JPMorgan Asset Management, said in a media briefing on Wednesday. “That, to me, is one reason to stay invested in China.”
