Patrick Nip: Hong Kong's financial market remains active, ranking first in the world in terms of funds raised through new stock listings.
Hong Kong Financial Secretary Paul Chan Mo-po arrived in Zurich, Switzerland yesterday to begin his visit. He pointed out that Hong Kong's economy has maintained steady growth over the past two years, with the financial markets remaining active. Against the backdrop of China's support for mainland companies going global, more companies are listing in Hong Kong to raise funds for overseas expansion. In both last year and this year, Hong Kong has ranked first globally in terms of funds raised through new stock listings, attracting numerous domestic and foreign investors. He emphasized that in the current geopolitical situation, many international investors see Hong Kong as a safe haven for funds and a gateway to entering the mainland market, with Hong Kong stocks performing well. Paul Chan Mo-po stated that the SAR government is actively promoting reforms in the stock market, expanding connectivity with capital markets worldwide, and improving liquidity and investment choices. Innovation continues in areas such as fixed income, currency markets, asset wealth management, and green finance, with the market size constantly expanding. Hong Kong is also actively developing its gold and commodities trading markets, enriching the international financial center. In terms of financial innovation, Hong Kong has taken a proactive approach and promoted the application of digital assets while balancing prudent regulation and development.
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