Hong Kong at forefront of green, sustainable finance

Hong Kong has set a gold standard for green and sustainable finance, with over 220 environmental, social, and governance funds approved as of December, managing assets totaling HK$1.2 trillion, says Secretary for Financial Services and the Treasury Christopher Hui Ching-yu.

Speaking at a Mandatory Provident Fund symposium, Hui highlighted Hong Kong’s investment opportunities and said the city maintained its regional leadership in green and sustainable bond issuance from 2021 to 2023.

He also emphasized the MPF system’s role as a cornerstone of retirement protection as well as the need for continuous enhancement.

The MPF achieved an average net return of 8.6 percent in 2024, with total net asset value approaching HK$1.3 trillion by the year's end, reflecting the system's resilience and adaptability, he said.

STAFF REPORTER