Market sentiment on upswing despite uncertainty

Hong Kong's market sentiment has improved while receiving many new listing applications, says Carlson Tong Ka-shing, chairman of Hong Kong Exchanges and Clearing (0388), who expects more new opportunities in the Year of the Snake.

Speaking at the bourse operator’s opening ceremony for the new lunar year, Tong said the city’s market has shown “unparalleled resilience” in the past year, with a number of records set for stock transactions despite uncertainties from the external environment.

He added that with the mainland's and Hong Kong's support, HKEX will continue to enhance the strength and competitiveness of the financial market and attract more investors and enterprises to the city.

STAFF REPORTER