Xu Zhengyu, secretary for financial services and the treasury of the Hong Kong Special Administrative Region Government, said that Hong Kong will continue to enhance its market competitiveness, strengthen connectivity with the mainland, and accelerate the development of new financial fields. This "troika" will consolidate and enhance its status as an international financial center and serve the overall situation of national development.
In order to provide financial products that are compatible with the development of the digital economy, connectivity with the mainland market is very important to consolidate and enhance Hong Kong's status as a financial center. Hong Kong will also accelerate the development of new financial fields, including green finance, financial technology and other directions, and improve the regulatory framework for emerging fields such as stablecoins and virtual assets over the counter. It is hoped that the market will develop on a stable and sustainable path.
Xu Zhengyu: Hong Kong should provide financial products adapted to the development of the digital economy and improve the regulatory framework for stablecoins and virtual assets over the counter
2024-06-14 15:47:55
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