Greater Bay Area

Chen Maobo: Hong Kong International Financial Center makes investors feel at ease and confident

2025-06-23   

The "Wealth Management Expo 2025" with the theme of "Driving New Economic Engines, Leading New Trends with Events" was held in Hong Kong on the 21st. The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, stated at the event that in the complex international environment, Hong Kong's international financial center has performed outstandingly, giving international investors peace of mind and confidence. Chen Maobo delivered the opening speech, pointing out that in the first five months of this year, the average daily turnover of Hong Kong stocks was HKD 242 billion, an increase of 1.2 times year-on-year. Since the beginning of this year, the amount of new shares raised by Hong Kong stocks has temporarily ranked first in the world, approaching HKD 90 billion. In addition, bank deposits in Hong Kong increased by over HKD 1 trillion last year, up 7%; Since the beginning of this year, it has risen by another 4%, with a total amount exceeding HKD 18 trillion. These data fully demonstrate the outstanding performance of Hong Kong as an international financial center. Chen Maobo stated that in the face of the complex and ever-changing international situation, Hong Kong will continue to maintain its position as a free port, ensure the stable operation of its financial system, guarantee the free flow of funds and policy coherence, and give investors peace of mind and confidence. He emphasized that finance is one of the core engines of Hong Kong's economic development, and with the solid support of the country, the SAR government is making every effort to consolidate and enhance Hong Kong's position as an international financial center. At the event, political, business, technology, and expert scholars from mainland China and Hong Kong focused on discussing topics such as changes in the international investment environment and the internationalization of the renminbi, analyzing current market trends and potential opportunities. Chen Wen, Vice President of Bank of China (Hong Kong), stated that while promoting the development of green finance and inclusive finance, Bank of China Hong Kong is also accelerating its digital transformation and deepening its cross-border financial business in the Guangdong Hong Kong Macao Greater Bay Area, fully supporting Hong Kong in consolidating and enhancing its position as an offshore RMB business hub. Shen Jianguang, Vice President of JD Group, believes that Hong Kong, under the "One Country, Two Systems" policy, is backed by the motherland and connected to the world, making it one of the most competitive economies in the world. In the face of new development trends, Hong Kong dares to become a leader in the innovation wave, which is becoming increasingly attractive to domestic and foreign enterprises. At the summit forum, attendees delved into the diverse opportunities that the event economy brings to Hong Kong. The Secretary for Culture, Sports and Tourism of the Hong Kong Special Administrative Region Government, Regina Ip, stated that under the promotion of a series of major events, a large number of tourists, athletes and others have come to Hong Kong for accommodation and consumption, bringing business opportunities to industries such as hotels, catering and retail, and boosting the local economy. We hope to continue to strengthen the linkage between culture, sports, and tourism, launch more innovative tourism products, and attract global tourists. This event is promoted by Bank of China Hong Kong and organized by Television Broadcasts Limited of Hong Kong. Nearly 500 people from various sectors of society in mainland China and Hong Kong attended. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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