Global funds are queuing up in Hong Kong, and the global attractiveness of Chinese assets continues to rise.

Standing on the streets of Wan Chai in Hong Kong, there are headquarters of central enterprises in Hong Kong, globally representative financial institutions, and government departments responsible for attracting talent. Morgan Stanley's chief economist in China, Xing Ziqiang, observed, "Near Wan Chai, hotels and restaurants are so popular that reservations need to be made many days in advance." Last year, Hong Kong's IPO was the largest globally in terms of financing, with scenes of six companies simultaneously ringing the bell for two days in a row, not enough for the Hong Kong Stock Exchange gong. Which funds are flowing in? Xing Ziqiang introduced that Middle Eastern funds are currently attracting attention. It was observed that the US dollar is not the only option, with China having stable geopolitical conditions, a complete industrial chain, and the RMB playing a short-term safe-haven role. China leads globally in the development of green energy, from photovoltaics to lithium batteries. Hong Kong serves as the gateway connecting these assets to global capital.