Hong Kong's financial market to remains stable, operates smoothly
Date
9/27/2021 9:04:12 AM
(MENAFN) According to an official report, Hong Kong's financial market stays stable, as the national security law has re-established peace to the global financial hub, and is going to carry on to flourish supported by unique advantages under "one country, two systems."
China's Hong Kong Special Administrative Region (HKSAR) government declared that the "Report on Hong Kong's Business Environment: A Place with Unique Advantages and Unlimited Opportunities."
A series of indicators pointing to Hong Kong's financial strong points and pliability were listed by the report.
It further showed that funds increased through initial public offerings rose by over 50 percent annual, and the income of the stock market increased by nearly 70 percent in the 12-month time span. The assets under management (AUM) of the asset and wealth management business in Hong Kong rose by about 20 percent, and the amount of international bond issuance took first place in Asia.
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