Chan Mo-po: Hong Kong Embraces Financial Innovation, Including Digital Asset Development
2025-01-24 / Read about 0 minute
Author:小编   

On January 23, Chan Mo-po, the Financial Secretary of the Hong Kong Special Administrative Region (SAR) Government, took part in the concluding day of the World Economic Forum Annual Meeting in Davos, Switzerland. He attended special sessions and engaged in discussions with political, business, and financial leaders from around the globe. During the meeting, Chan Mo-po highlighted that, despite potential market volatility stemming from geopolitical factors, Hong Kong boasts a resilient financial system with ample buffer space, a free and open business environment, and a steadfast commitment to its linked exchange rate system. A recent survey underscores the continued optimism of international investors and businesses towards Hong Kong's future prospects.

Chan emphasized that since the handover, Hong Kong's financial market has undergone comprehensive consolidation and development, with significant advancements in the securities market, wealth management, and asset management sectors. Furthermore, Hong Kong is actively embracing financial innovation, notably in the realm of digital asset development, while implementing appropriate regulations to foster responsible and sustainable growth.