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Hong Kong stock exchange operator will help city become ‘world’s leading green finance centre’, says Financial Secretary Paul Chan
- HKEX can help attract more green finance and yuan products, says Chan at ceremony marking its 23rd anniversary as a listed company
- HKEX boss Nicolas Aguzin says frequent trips to Middle East are aimed at attracting more international firms to list and more global investors
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Bourse operator Hong Kong Exchanges and Clearing (HKEX) will continue to develop products and services to help the city in its quest to become “the world’s leading green technology and green finance centre” and an offshore yuan trading hub, said Financial Secretary Paul Chan Mo-po.
Chan unveiled his vision in a keynote speech at a ceremony on Wednesday that marked the 23rd anniversary of HKEX as a listed company.
“As the world moves towards a green and low-carbon transition, there is a lot more that Hong Kong can do to contribute,” Chan said at the ceremony, which was attended by hundreds of guests including stockbrokers and representatives of listed companies.
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“We have set our sights on becoming the leading green technology and green finance centre of the world.
“We are pleased to note that HKEX is an enthusiastic contributor to green and ESG [environmental, social, and governance] development, including the launch of [a voluntary carbon-trading platform] as well as setting out proposals to enhance climate-related disclosures.”
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Paul Chan woos Middle East companies to visit Hong Kong in 2023 to explore listing opportunities
Paul Chan woos Middle East companies to visit Hong Kong in 2023 to explore listing opportunities
Chan mentioned the launch next Monday of the new Hong Kong dollar and yuan dual-counter trading service that will allow investors to trade in either of the two currencies in 24 companies. He described this as an important milestone for the internationalisation of the yuan and was confident there would be no hitches.
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