Hong Kong aims to offer more investment options for mainland Chinese: Paul Chan
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Hong Kong's Financial Secretary Paul Chan described the city as a 'strategic adaptation ground' where mainland technology giants can transform into global enterprises, representing a shift from Hong Kong's previous role as merely a fundraising center. The government is also expanding Hong Kong's offshore yuan trading capabilities and broadening investment products available to mainland Chinese investors, with new measures expected in July.
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As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead.
More mainland Chinese investors could gain access to a broader range of products in Hong Kong under a review by authorities, the finance chief has said, dismissing concerns that a recent crackdown on illegal cross-border stock trading could dent the city’s appeal.
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