Joseph Yam Chi-kwong, former CEO of HKMA, speaks at a UBS event in Hong Kong, July 7, 2022. Photo: Handout
Former HKMA chief Joseph Yam calls for more ‘capital mobility’ in Greater Bay Area
- Joseph Yam wants an easing of rules so financial firms can tap more business opportunities and have increased ‘capital mobility’ in the economic zone
- The ex-HKMA chief also wants Hong Kong to speed up progress in developing the yuan business, which he says has been happening too slowly
Joseph Yam Chi-kwong, former CEO of HKMA, speaks at a UBS event in Hong Kong, July 7, 2022. Photo: Handout