Hong Kong to enhance markets, gateway role in trade, officials pledge
Hong Kong aims to strengthen its financial markets and capitalize on emerging trade corridors to solidify its position as a gateway connecting China and the world. According to Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury, Hong Kong offers significant investment opportunities, evidenced by the positive response to the New Capital Investment Entrant Scheme, which has already attracted HK$6.5 billion into the city's funds, equities, and debt assets.
Hui highlighted that Hong Kong's stock market surged 18% last year, with average trade turnover jumping 36%. Regulators and the Hong Kong stock exchange are actively working to enhance market competitiveness, including seeking public feedback on optimizing the IPO process. Furthermore, Hong Kong has been a leading center for yuan-denominated bond issuance, underscoring its importance in the debt market and its role in facilitating financial flows between China and the rest of the world.
via SCMP Full Text Feed
Hong Kong aims to strengthen its financial markets and capitalize on emerging trade corridors to solidify its position as a gateway connecting China and the world. According to Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury, Hong Kong offers significant investment opportunities, evidenced by the positive response to the New Capital Investment Entrant Scheme, which has already attracted HK$6.5 billion into the city's funds, equities, and debt assets.
Hui highlighted that Hong Kong's stock market surged 18% last year, with average trade turnover jumping 36%. Regulators and the Hong Kong stock exchange are actively working to enhance market competitiveness, including seeking public feedback on optimizing the IPO process. Furthermore, Hong Kong has been a leading center for yuan-denominated bond issuance, underscoring its importance in the debt market and its role in facilitating financial flows between China and the rest of the world.
via SCMP Full Text Feed
