The Securities and Futures Commission (SFC) supports the initiatives outlined in the Chief Executive’s Policy Address aimed at strengthening Hong Kong’s status as a global financial center. Key strategies include enhancing market access, developing offshore renminbi (RMB) infrastructure, attracting listings from leading enterprises, optimizing listing procedures, and fostering a fintech ecosystem. Collaboration with sovereign funds, launching ETFs in the Middle East, expanding tax concessions, and adopting international standards will also bolster Hong Kong’s asset and wealth management appeal. The SFC aims to work with various stakeholders to implement these initiatives successfully.
Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR170
