The Securities and Futures Commission (SFC) welcomes and fully supports the financial services initiatives in the Chief Executive’s Policy Address to strengthen Hong Kong’s competitiveness as an international financial centre.
The SFC’s Chairman, Mr Tim Lui said: “The vision laid out by the Chief Executive to enhance Hong Kong’s position as a global fundraising platform and the largest offshore Renminbi business centre; to deepen the mutual market access schemes; and to promote our competitiveness in asset and risk management, Fintech, and sustainable finance, will go a long way in consolidating Hong Kong’s unique advantages as a leading international financial centre.”
“The raft of initiatives aimed squarely at attracting new businesses and global talents will surely generate strong impetus for the continuous growth of the financial services industry and strengthen Hong Kong’s connectivity with the Mainland and the global markets,” Mr Lui added.
The SFC will work closely with the Stock Exchange of Hong Kong Limited (SEHK) on the initiative to enhance the listing regime to facilitate fundraising of advanced technology enterprises. We welcome the public consultation on the proposed regime and will take account of market feedback in formulating a final regulatory framework suitable for Hong Kong.
The SFC will also continue to collaborate closely with our Mainland counterparts and SEHK to bring about the early implementation of the series of mutual market access arrangements as outlined by the Chief Executive.