HK faces misconceptions, says Gaw Capital Partners

Hong Kong is grappling with the challenge of "false perception," which is frequently reinforced by Western media, according to Goodwin Gaw, chairman of Gaw Capital Partners.    

Speaking at the Milken Institute Global Investors’ Symposium, Gaw noted that the greatest challenge Hong Kong faces is not headwinds such as China’s economic slowdown and geopolitical tensions, but rather misconceptions about the city. 

"If you come to Hong Kong, and you see the meetings you can secure, the people you engage with who are based here, the volume of business you can conduct in just a couple of days – and perhaps even pick up some art or an apartment on the side...then you would realize the misrepresentation you may have encountered in Western media," he said. 

Hong Kong-based Gaw Capital Partners is a real estate private equity firm managing US$35.8 billion (HK$279.24 billion) in assets as of the third quarter in 2024.

STAFF REPORTER