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HSBC Hong Kong CEO addresses uncertainties in the Middle East and their potential impact on energy prices and trade flows. He also expressed a positive outlook on Hong Kong's international connectivity and financial innovation, including the development of digital currencies.

Middle East Geopolitics and Global Economic Impact

Fred Lim, CEO of HSBC Hong Kong, highlighted the current uncertainties in the Middle East and their potential impact on global energy prices and trade flows. He stated that HSBC is closely monitoring how these developments will influence inflation and interest rates. Lim affirmed that HSBC's investment and commitment to the Middle East region remain unchanged, with a primary focus on ensuring employee safety and meeting client needs. He noted that individual markets are expected to react differently to these global shifts.

Hong Kong's Financial Innovation and Future Prospects

Lim emphasized Hong Kong's role as a 'super connector,' continuously strengthening its international connectivity and attracting wealth, investment, and trade from the Middle East, Asia, Europe, and the US. He lauded the Hong Kong Monetary Authority (HKMA) for issuing the stablecoin license and expressed HSBC's keen interest in co-authoring and co-architecting Hong Kong's future financial infrastructure. This includes actively exploring Central Bank Digital Currency (CBDC), tokenized deposits, tokenized gold, and digital sustainability bonds. Lim anticipates the issuance of HSBC's new stablecoin by the end of the year.

*Source: YouTube: RTHK (2026-04-16)*

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