HSBC Group will hold its second Global Investment Summit in Hong Kong starting from the 25th. Participants from multiple countries and regions around the world will discuss new trends in global market investment and are optimistic about the recovery of investment confidence. The Acting Chief Executive of the Hong Kong Special Administrative Region, Chen Guoji, stated that judging from the rise of the Hong Kong stock market to a three-year high this month and the growth of total deposits in Hong Kong, investor confidence is recovering, proving the trust of global investors in Hong Kong's financial infrastructure, regulatory framework, and long-term connections with the mainland and the world. Qi Bin, Deputy Director of the Liaison Office of the Central Government in Hong Kong, pointed out that since the beginning of this year, Hong Kong stocks have outperformed major markets such as the UK, the US, and Japan. Many technology stocks have reached new highs in stock prices, with significantly improved daily turnover. The new stock market has also shown signs of recovery, indicating that the Hong Kong capital market has ushered in spring and is full of new vitality. This summit will promote enterprises to carry out new projects in Hong Kong, improve people's livelihoods, create employment, and promote the development of the northern metropolitan area. The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, stated that Hong Kong Investment Management Limited has currently invested in about 100 projects. As a patient capital, Hong Kong Investment Corporation supports the development of start-ups and collaborates with different departments of the SAR government to invest in future industries and growing companies. HSBC Group Chairman Du Jiaqi stated that Hong Kong plays a very important role as a super liaison between mainland China, Asia, and other regions around the world. Benefiting from the recovery of the capital market, Hong Kong should further strengthen its position as an international financial center. The summit was held in Hong Kong from the 25th to the 27th, with over 4000 investors, business representatives, and scholars in attendance. (New Society)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:Xinhua
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