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London ETO promotes HK as a global financial hub in London

The Hong Kong Economic and Trade Office, London (London ETO), partnered with the Asia House on May 12 (London time) to hold a seminar for leaders in UK’s financial services sector. The Hong Kong Monetary Authority Chief Executive, Eddie Yue (third left), gave a keynote speech. Looking on is the Director-General of the London ETO, Gilford Law (first left), and the Chief Executive of the Asia House, Michael Lawrence (second left). (HK. gov)

​The Hong Kong Economic and Trade Office, London, partnered with the Asia House, an independent think tank based in the United Kingdom (UK), on May 12 (London time) to hold a seminar for leaders in UK’s financial services sector. The Chief Executive of the Hong Kong Monetary Authority, Eddie Yue, was the keynote speaker.

In his opening remarks, Yue highlighted that Hong Kong has a resilient financial and monetary system and a well-established financial ecosystem. It has played a unique role as a gateway between Mainland China and the world. He also shared the many opportunities that lie ahead for the city, including the Connect schemes with the Mainland, the offshore Renminbi businesses, the Guangdong-Hong Kong-Macao Greater Bay Area initiatives, and the development of the fintech and green finance ecosystem, which collectively shall further strengthen Hong Kong’s status as a pre-eminent global financial center.

Following his remarks, Yue took questions and exchanged views with the audience about the economic prospects of Hong Kong, the opening up of the Mainland financial market, green finance, crypto-assets, and central bank digital currencies.

The event, which was attended by about 50 participants, also commemorates the 25th anniversary of the establishment of the Hong Kong Special Administrative Region.

 

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