The escalating conflicts between Saudi Arabia and Houthi rebels in Yemen have put many listed Hong Kong and mainland Chinese companies in a dilemma, especially as the Houthis order foreign businesses to register with a local body to avoid becoming targets of military strikes. The situation requires “serious attention” from businesses with a presence in the oil-rich region, according to an analyst focusing on the issue. The Iran-backed rebel militia recently warned that foreign companies...
Read full article