Hong Kong will continue to promote the robust development of its financial markets, further expand offshore yuan business, and consolidate its position as the world’s largest offshore yuan hub, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said
It will also vigorously develop green and sustainable finance and actively promote the application of financial technology while deepening connectivity mechanisms with the mainland market, Hui said in a social media post.
Hong Kong will strengthen its role as a “super connector” and “super value creator” to attract more family offices and asset management institutions to set up in the city, further reinforcing Hong Kong’s status as an international asset and wealth management center, and continuously drawing more international capital and talent to the city, Hui said.
