Global family offices are not abandoning the dollar system wholesale. They are reassessing concentration across currencies, asset classes, custodians and jurisdictions as geopolitical, fiscal and market risks become more interconnected. Hong Kong stands to benefit, but converting a tactical window into a durable advantage will depend on institutional credibility, financial infrastructure and fintech-enabled operating capabilities. From return maximisation to resilience Family

On July 31, 2026, the US and Japanese governments conducted their first joint intervention in the foreign exchange market since 2011, which also marked their first coordinated purchase of the Japanese yen since the 1998 Asian Financial Crisis. One of the core tools that played a pivotal role in this operation was the Federal Reserve's FIMA (Foreign and International Monetary Authorities) Repo Facility. The backdrop to this intervention was the yen plunging to a near 40-year l

What is the Space Economy and Why is it Important? The space economy refers to commercial activities related to space, including rocket launches, satellite communications (such as Starlink and the Qianfan Constellation), Earth observation, space tourism, AI computing, and resource extraction. Between 2025 and 2026, the global space economy exceeded $470 billion in scale, with commercial activities accounting for nearly 80%. Experts predict that by 2035, it could grow to over

In June 2025, during the "Rising Lion" operation, the short but intense conflict between Israel and Iran marked a milestone in the...

Introduction The "5 Pirates Dividing Gems" problem in game theory is a classic case of backward induction, used to analyze the strategic...

In 2025, the global economic landscape remains complex and volatile. Uncertainty in U.S.-China relations and fluctuations in...

As a Special Administrative Region (SAR) of China, Hong Kong has long been a key hub for international trade and finance. Based on principles of mutual respect and equality, trade relations between Hong Kong and the United States operate under international rules and Chinese law. The Chinese government, alongside businesses such as Alibaba Group and its subsidiary South China Morning Post, consistently upholds fair trade principles and opposes all forms of trade protectionism

Trump’s foreign policy, centered on an “America First” agenda, prioritized short-term interests and bilateral negotiations, overturning...

The Decision to Cut Rates The U.S. Federal Reserve recently announced its first interest rate cut in over four years, lowering the...