Xu Zhengyu, director of the Hong Kong Financial Affairs and Treasury Bureau, said that despite the uncertainty of the new international situation, the Hong Kong financial industry still performs well.He believes that the financial market in Hong Kong has stable and has a sound regulatory system. The "Fourteenth Five -Year Plan" plan can help consolidate the development advantage of the Hong Kong financial market. The close connection between Hong Kong and the mainland market is the ideal channel for international funds to enter the mainland.
According to the Sing Tao Daily, Xu Zhengyu said in his lecture at the China Chamber of Commerce that since 2017, the total market value of listed companies in Hong Kong has risen from 34 trillion (Hong Kong dollars, the same below, S $ 5.96 trillion) to a sharp rise to a sharp rise to a sharp rise to a sharp rise to a sharp rise to a sharp rise to a sharp increase inMore than 5 trillion, asset management amount increased from approximately 24 trillion to nearly 3 billion trillion.
He said that there are currently two new trends in international asset allocation, and the demand for international asset allocation has surged, and Hong Kong's role as a mainland investor to conduct an international asset management platform is even more obvious.Xu Zhengyu said that many international investors hope to participate in China's economic development through investment in mainland stocks and bonds. The Hong Kong and mainland markets are closely connected, emphasizing that Hong Kong is an ideal channel for international funds to enter the mainland.
Xu Zhengyu also said that the Hong Kong government will actively promote the development of Hong Kong into a private equity fund hub, providing risk management solutions including insurance and insurance connected securities to further deepen the construction of the “Belt and Road”.
