Monetary Secretary Paul Chan on Sunday stated funds raised this three hundred and sixty five days in Hong Kong from new listings prefer to this level exceeded HK$76 billion, seven instances more than the identical period in 2024.
On Tuesday, mainland battery wide CATL began trading on the Hong Kong Inventory Substitute following the area’s most realistic possible initial public offering this three hundred and sixty five days.
Writing in his weekly weblog, Chan stated the solid performance of the Hong Kong stock market showed that global traders and enterprises have self belief within the SAR.
Chan also stated the government is making Hong Kong the premier region for enterprises to assign their global headquarters, with a new legislation introduced on Friday which lets in firms included overseas to relocate to the metropolis while affirming their enterprise continuity and new correct identity.
He stated a astronomical global insurance protection company has announced this may maybe maybe re-domicile to Hong Kong, and firms from varied industries relish transport, may maybe maybe switch to the SAR.
The financial chief stated Hong Kong is watching for one more “new major pattern” as the signing ceremony of the Convention on the Institution of the International Organization for Mediation will be held on Friday.
“This occasion marks that knowledgeable mediation services in Hong Kong have long gone to the next stage,” Chan stated.
“We’ll build all our efforts into the institution of the International Organization for Mediation, and to toughen the attractiveness of Hong Kong in global replace actions,” he added.
