Business Confidence In HK Unchanged: Christopher Hui

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-12-29 HKT 13:19

Share this story

facebook

  • Business confidence in HK unchanged: Christopher Hui

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.

RECENT NEWS

Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity

Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more

BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom

BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more

Webinar: When Account Takeover Moves Past Onboarding

Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more

JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson

JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more

Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term

The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more

Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal

Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more