People should 'manage risks carefully' when investing, Paul Chan says

Following the announcement of the measures to support the economy by the central government at the end of last month, the market has seen significant growth, although there may be fluctuations, said Financial Secretary, Paul Chan today (Oct. 9).

He believes that after some adjustments, the market will continue to develop further.

Chan pointed out that the measures announced by the central government stabilize expectations regarding the economic outlook of the mainland and provide clear signals regarding liquidity.

“However, the effectiveness of these specific measures will take time to reflect in the real economy... The stock market will inevitably experience short-term volatility, and the financial markets are influenced by many factors," he noted.

He also urged the public to manage risks carefully when investing.

In addition, Chan noted that the U.S. interest rate cut cycle has already begun, and the pace of rate cuts may be affected by political factors.

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