Hong Kong offers ‘great potential returns’ for money managers in technology, healthcare, green finance, Financial Secretary says

‘Hong Kong presents a window of enormous investment opportunities with great potential returns’ financial secretary told global top fund managers at summit

Hong Kong is becoming a hub for technologies, healthcare, ESG and also plans to provide a platform for Middle East investment opportunities

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Keynote by The Hon Paul Chan, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong SAR and Honorary President of Hong Kong Academy of Finance, delivered a speech during the Conversations with Global Investors- Global Financial Leader’s Investment Summit, at Four seasons Hotal, Central. Photo:May Tse

Published: 10:58am, 8 Nov 2023Updated: 5:39pm, 8 Nov 2023

Hong Kong offers enormous investment opportunities for international money managers as the city positions itself as a hub for sectors like technology, healthcare and green finance as well as a conduit for investment flows to the Middle East, the city’s financial chief told a gathering of top global financiers on Wednesday.

“At a time of increasing complexity and uncertainty, Hong Kong presents a window of enormous investment opportunities with great potential returns,” said Paul Chan Mo-po, Financial Secretary of Hong Kong in a keynote speech on the final day of the Global International Investors’ Investment Summit.

“Hong Kong is determined to develop innovation and technology as a core engine of growth,” he said. “The innovation and technology ecosystem in Hong Kong has grown more vibrant, with exciting achievements in nurturing start-ups and in attracting enterprises and talent.”

International fund managers will also find a lot of investment opportunities in ESG (environmental, social and governance), Chan said, adding that the government has attracted many Chinese and international companies to issue green and sustainable debt in the city.

Financial Secretary Paul Chan speaks at the Conversations with Global Investors- Global Financial Leader’s Investment Summit, at Four Seasons Hotal, Central. Photo: May Tse

This type of bonds and loans issued in Hong Kong increased by more than 40 per cent year on year in 2022 to US$80.5 billion, a third of Asia’s total, he said.