(Policy Address) Regulator pleased with financial initiativesLocal | 25 Nov 2020 4:40 pm
The Securities and Futures Commission has welcomed initiatives in the Policy Address to further deepen the mutual access between the mainland and Hong Kong financial markets.
Chairman, Tim Lui Tim-leung said: “The expansion of the scope of eligible securities under the mutual market access program will help consolidate and enhance Hong Kong’s status as an international financial center as well as its competitiveness. We will continue to work closely with The Stock Exchange of Hong Kong to facilitate the launch of the initiatives.”
The SFC also supports further promoting the development of private equity funds, family office business, and the real estate investment trusts (REIT) market in Hong Kong and will soon release its consultation conclusions on proposed regulatory changes that would give REITs more flexibility in making investments.