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South China Morning Post
Wed, Mar 12, 2025, 2:30 AM 4 min read
Hong Kong is acceptable to big 3 large wealthiness and concern events towards the extremity of the month, underscoring the city's lasting arsenic an planetary fiscal centre susceptible of attracting investors and entrepreneurs.
The item would beryllium the 3rd variation of the Wealth for Good successful Hong Kong Summit connected March 26, Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury, said successful a blog station connected Wednesday. The summit's taxable is "Hong Kong of the world, for the world".
"Amid planetary uncertainty and escalating commercialized tensions, Hong Kong takes a much important relation arsenic a 'superconnector' and a 'super value-adder' for the mainland and the satellite than ever," Hui said, adding that the metropolis would proceed deepening its practice with the planetary assemblage with its "distinct and autarkic regulatory and ineligible regime".
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The city's uniqueness was besides touted by Financial Secretary Paul Chan Mo-po astatine a tech forum connected Wednesday, who said that "Hong Kong continues to practise communal law, and adhere to the champion planetary concern standards and practices."
Financial Secretary Paul Chan speaks astatine the Wealth for Good successful Hong Kong Summit connected March 27, 2024. Photo: ISD alt=Financial Secretary Paul Chan speaks astatine the Wealth for Good successful Hong Kong Summit connected March 27, 2024. Photo: ISD>
"The escaped travel of people, capital, goods and information, and the unparalleled connectivity we person established with the mainland and the world, are captious to tech innovation activities and attracting top-tier endowment from astir the globe," helium added.
Chan expected Hong Kong's archetypal nationalist offering (IPO) marketplace to scope betwixt US$17 cardinal and US$20 cardinal this year, benefiting from the optimism successful the tech assemblage and enactment from the mainland authorities who person been encouraging starring Chinese companies to database connected the Hong Kong banal exchange. Last year, IPO proceeds successful the metropolis stood astatine US$11 billion, ranking 4th globally.
The Wealth for Good acme marks the government's propulsion to elevate the metropolis arsenic a starring planetary plus and wealthiness absorption hub.
Global leaders, household bureau principals and concern innovators are expected to be and sermon topics, specified arsenic exertion and artificial intelligence, philanthropy, and arts and culture, according to Hui.
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