Li Jiachao: Hong Kong will cooperate with exchanges in the Greater Bay Area to develop new businesses such as commodity trading and carbon trading
2025-09-17 03:58:19
On September 17, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, delivered the 2025 Policy Address in the Legislative Council. Li Jiachao said that Hong Kong will cooperate with exchanges in the Greater Bay Area to develop new businesses such as commodity trading and carbon trading. The Hong Kong Stock Exchange is the controlling shareholder of the Qianhai Joint Trading Center and will continue to strengthen the cooperation between the two places to develop the offshore soybean cash market. The HKEx carbon market CoreClimate will also study and test cross-border transaction settlement with the Greater Bay Area pilot carbon market.
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