Greater Bay Area

Chen Maobo: Continue to promote multi-level interaction between Hong Kong and different economies in the Asian region

2025-07-14   

On the 13th, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, posted on his blog that regional cooperation is becoming increasingly important in the current international situation. In the future, he will continue to promote multi-level interaction between Hong Kong and different economies in the Asian region, and strengthen the foundation of cooperation. Not long ago, Chen Maobo led a delegation to visit South Korea to expand cooperation opportunities. He stated that the Hong Kong financial market and new stock fundraising activities have performed strongly since September last year, and the South Korean financial sector has shown strong interest in investing in the Hong Kong and mainland markets. In the first five months of this year, the total securities trading volume of licensed institutions in Hong Kong and South Korea exceeded HKD 1.5 trillion, which is 2.8 times that of the whole year of 2024. In addition, Chan Mo po mentioned that the booming development of exchange traded funds (ETFs) in Hong Kong in recent years is a convenient measure. More products in the two markets are linked, whether it is ETFs investing in the Korean stock market listed in Hong Kong or ETFs tracking Hong Kong market indices listed locally, which can enhance the connectivity and liquidity of the two markets and broaden the investor base of products. In fact, Hong Kong is a market that gathers both mainland and international funds. A mechanism that promotes financial market connectivity can attract more domestic and foreign capital to invest in companies listed in both places, and also open up new fields and asset allocation options for investors from both sides. Chen Maobo said that Hong Kong, as a "super contact" and "super value-added person", has multiple world-class universities and excellent research capabilities. Coupled with the thriving innovation and advanced manufacturing ecosystem in the Guangdong Hong Kong Macao Greater Bay Area, it can help science and technology enterprises from both sides strengthen docking and deepen cooperation, allowing their innovative ideas and cutting-edge technologies to find more application scenarios and better commercial opportunities. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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