The Hong Kong government will set up a group to study and increase the liquidity of the stock market.
According to the report, Hong Kong Chief Executive Li Jiachao attended the second policy report area consultation meeting on Sunday (August 27). In a media interview after the meeting, he said that the Financial Secretary Chen Maobo had set up a group.Study how to increase the market liquidity of Hong Kong stocks.
Li Jiachao said that as an international financial center, the role of the stock market is important. I hope that the group will set up and launch work as soon as possible to study short -term and long -term measures to increase liquidity, and then report to him.
For whether it will reduce the stamp of stock, he said that the group will explore different feasibility.
The Wall Street Journal of the United States reported on August 20 that the Hang Seng Index of the Hong Kong benchmark has fallen by one -fifth and officially entered the bear market area.It is reported that the poor performance of Hong Kong and mainland China has formed a sharp contrast with many other markets.
