Financial Secretary Paul Chan Promotes Hong Kong's Economic Developments and Opportunities in New York

During his visit to New York, Financial Secretary Paul Chan attended a luncheon hosted by the National Committee on United States--China Relations and the Hong Kong Economic and Trade Office, where he shared Hong Kong's economic developments and strategies to enhance the financial market, innovation, and technology, and regional supply chain connectivity. He also participated in a roundtable discussion with key US funds and asset management representatives, highlighting opportunities in the financial market, including initial public offerings and follow-on fund raising. Chan emphasized Hong Kong's commitment to upholding its status as a free port and implementing free, open, and predictable trade policies and practices.

Key Takeaways:

Financial Secretary Paul Chan attended a luncheon hosted by the National Committee on United States--China Relations and the Hong Kong Economic and Trade Office in New York, where he shared Hong Kong's economic developments and strategies to enhance the financial market, innovation, and technology, and regional supply chain connectivity.
Chan highlighted opportunities in the financial market, including initial public offerings and follow-on fund raising, fixed income and currency markets, private equity, asset and wealth management, green finance, stablecoins, and digital assets.
Hong Kong's asset markets are showing an encouraging momentum, with the stock market experiencing a significant upturn driven by investors' confidence in the Chinese Mainland's technological development and increased capital allocations.
The residential property market is showing signs of stabilisation.
Hong Kong will continue to offer attractive investment opportunities for investors from the US and around the globe.
Chan expressed gratitude for the Central Government's strong support for Hong Kong across various domains, including the UN Junior Professional Officer Programme.
Chan invited a group of young professionals working at the UN to visit Hong Kong and explore career development opportunities in the city.

Statistics:

Over a dozen prominent leaders from the US financial, investment, and creative industries sectors attended the luncheon.
Mr. Chan participated in a roundtable discussion with key US funds and asset management representatives.
The stock market has seen a significant upturn, driven by investors' confidence in the Chinese Mainland's technological development and increased capital allocations.
The residential property market is showing signs of stabilisation.
Hong Kong has nominated and supported young civil servants in participating in the UN Junior Professional Officer Programme.

Sources:

Hong Kong SAR Government (Category: Banking and Financial Services, Events)