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[BUSINESS] · China · 3 sources

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Hong Kong hosts APEC Finance Ministers' Meeting, affirming financial status

Hong Kong Chief Executive John Lee stated that hosting the APEC Finance Ministers' Meeting for the first time reflects national recognition of Hong Kong’s status as an international financial center.

Lee highlighted the development of the Northern Metropolis, specifically the Hong Kong Park, which aims to work alongside Shenzhen’s Lok Ma Chau Loop to create a major international technology and innovation hub within the Greater Bay Area. He noted that over 100 innovation enterprises have already moved into the Hong Kong Park.

To enhance connectivity, the government is preparing to include RMB counters in the Hong Kong Stock Connect and is encouraging listed companies to increase RMB liquidity. Additionally, Hong Kong is transitioning its port operations toward higher value, green, and intelligent development to serve as a major overseas hub connecting South China and Latin America.

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APEC · Greater Bay Area · Hong Kong · John Lee