Chan Mo-po: Global Capital Converges on Premier Innovation, Technology Firms, and Future Industries
2025-05-18 / Read about 0 minute
Author:小编   

Chan Mo-po, the Financial Secretary of the Hong Kong SAR Government, emphasized that global capital is now pouring into pioneering innovation and technology enterprises, as well as future industries that hold strategic value. Earlier this month, amidst the robust exchange rate of the Hong Kong dollar, the Hong Kong Monetary Authority injected approximately HK$129 billion into the market. This action bolstered market liquidity, subsequently driving down interbank interest rates, with the one-month rate dipping to approximately 1.3%. As of March this year, the aggregate deposits held by Hong Kong banks have approached HK$18 trillion, marking a year-on-year growth of 3.5%.