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Chief executive John Lee sets three financial goals for HK



Hong Kong Chief Executive John Lee Ka-chiu emphasised three aspirations for the city’s financial sector at a forum focused on the coordinated development of Chinese mainland and Hong Kong financial markets. He highlighted the importance of leveraging Hong Kong’s international appeal to attract investment. Financial Secretary Paul Chan Mo-po and regulatory bodies are hopeful that five new financial measures enhancing market integration with the mainland can be launched this year. Additionally, Chan noted a strong demand from mainland investors for Hong Kong’s ETFs, predicting a 70% increase in eligible ETF products. The Hong Kong Monetary Authority also introduced the Ensemble platform to support cryptocurrency development. Moreover, as the Belt and Road Initiative progresses, financial cooperation between Hong Kong and the Middle East continues to strengthen.

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