Hong Kong is doubling down on its role as a global financial bridge, with HKSAR Chief Executive John Lee announcing plans to boost connectivity between the Chinese mainland and international markets. At the Financial Street Forum 2024 closing ceremony, Lee revealed that cross-border stock transactions via the Shanghai-Hong Kong and Shenzhen-Hong Kong links have already surpassed $3.7 trillion combined this year .
\"We're not just about numbers,\" Lee emphasized. \"We’re studying offshore RMB sovereign bond futures and pushing for more mainland and overseas firms to list in Hong Kong.\" This move aligns with Beijing’s strategy to internationalize the yuan while keeping markets stable .
With over 500 reps from 30 countries and regions at the conference – including parallel sessions in Luxembourg and Tokyo – the message is clear: Hong Kong remains the ultimate networking hub for global finance nerds . Pro tip for investors? Watch how this plays out for ESG-tech startups eyeing dual listings!
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. Pro tip for investors? Watch how this plays out for ESG-tech startups eyeing dual listings!
HKSAR & Indonesia Boost Ties with Trade, Culture Fest
