Business Confidence In HK Unchanged: Christopher Hui
"); jQuery("#212 h3").html("

"); });
2021-12-29 HKT 13:19
The Secretary for Financial Services and the Treasury, Christopher Hui, says figures show the confidence of international investors in Hong Kong remains unchanged after the introduction of the national security law.
Speaking on RTHK's Overview Policy, Hui said both the deposits in the banking sector and the foreign currency reserve have increased following the introduction of the law.
"The national security law has quickly restored the stability in Hong Kong, allowing the city to focus on its development. It's unarguable," he said.
He added that Hong Kong can start afresh in light of the new electoral system.
The financial services chief also said the central government is supportive of Hong Kong as it has introduced a series of policies to enhance the SAR's status as an international financial centre.
Going forward, Hui said officials will look into letting investors buy Hong Kong stocks with renminbi and further promote green bonds.
Alibaba Invests Over US$50 Billion To Drive AI And Cloud Expansion By 2028
Alibaba Group (9988.HK) revealed plans to invest over 380 billion yuan (US$52.44 billion) into its cloud computing and ... Read more
SFC IOSCO Asia-Pacific Meet-up Sets Roadmap For Sustainable And Secure Capital Markets
The Securities and Futures Commission (SFC) recently participated in a series of dialogues under the International Orga... Read more
WeLab Bank Accelerates AI Deployment With Deepseek To Enhance Efficiency
WeLab Bank has taken a significant step forward in its AI deployment strategy by exploring innovative solutions to enha... Read more
Fusion Bank Completes Core Banking System Migration In 10 Months With Tencent Cloud
Fusion Bank, a licensed digital bank in Hong Kong, has completed its migration to a new core banking system in collabor... Read more
Hong Kong Banks Can Begin Issuing Credit Cards In Mainland China From March 1
Hong Kong banks’ mainland credit cards will soon be available in mainland China, marking a significant step towards d... Read more
SFC Introduces ASPIRe Roadmap To Strengthen Virtual Asset Market In Hong Kong
The Securities and Futures Commission (SFC) outlined 12 key initiatives under the SFC virtual asset ASPIRe roadmap to e... Read more