Hong Kong: Strategically Positioned For Global Developmental Relevance
- Hong Kong’s Financial Services Director has highlighted the region’s strategic positioning.
- Hong Kong is the only city enjoying global and Chinese advantages.
- About 80% of the over 2,600 companies listed in Hong Kong are from mainland enterprises.
Hong Kong’s Financial Services and the Treasury Bureau Director Paul Hui has highlighted the region’s strategic positioning as an advantage toward exploring several developmental areas. According to Hui, Hong Kong is the only city enjoying global and Chinese advantages.
In a recent presentation, Hui highlighted multiple areas he thinks Hong Kong’s authorities could focus on for developmental advantages. He cited areas like green finance, family offices, virtual assets, etc. The Financial Services Director believes ramping up activities in these areas would allow investors worldwide to understand Hong Kong’s main developmental areas.
Meanwhile, Hui noted that about 80% of the over 2,600 companies listed in Hong Kong are from mainland enterprises. According to him, the mainland economic growth of 2023 exceeded 5%, while Hong Kong’s GDP growth reached 3.3% during the same period, confirming the region’s im…
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