By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.
I agree
Search Trends
SITEMAP
Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
The Hong Kong International Finance Center Tower and Victoria Harbor in south China's HKSAR, November 24, 2023. /CFP
The Hong Kong Special Administrative Region (HKSAR) government will continue to optimize connectivity schemes between the capital markets of the Chinese mainland and the HKSAR, among other efforts to help advance the opening of the mainland capital market, said Chief Executive John Lee on Sunday.
By September, the total turnover of northbound transactions through the Shanghai-Hong Kong and Shenzhen-Hong Kong stock connects had exceeded 21 trillion yuan (about $2.96 trillion), and that of southbound trading had topped 6 trillion Hong Kong dollars (around $0.8 trillion), Lee said while addressing the closing ceremony of a parallel session of the Annual Conference of Financial Street Forum 2024 held in Hong Kong.
The HKSAR government will also promote RMB internationalization, study the feasibility of launching offshore RMB sovereign bond futures, and encourage more companies from the Chinese mainland and overseas to go public in Hong Kong, he said.
Themed "Trust and Confidence – Work Together to Promote Financial Openness, Cooperate for Shared Economic Stability and Growth," this year's conference is attended by over 500 representatives from 30 countries and regions. Sessions are being held in the HKSAR, Luxembourg and Tokyo, parallel with main events in Beijing.