Hong Kong outlines plans to leverage strategic positioning, boost connectivity

26/2/2025 16:54

The Hong Kong Special Administrative Region (HKSAR) will continue to leverage its strategic positioning as the "three centers and a hub" and make good use of the advantages of "one country, two systems," the financial secretary of the HKSAR government said on Wednesday.



While delivering the 2025-26 budget at the HKSAR's Legislative Council, Paul Chan said it is imperative to do so, outlining a range of plans to inject new impetus into Hong Kong's economy, consolidating and strengthening industries with clear advantages while actively nurturing and developing new industries.

To reinforce Hong Kong's status as an international financial center, Chan said the HKSAR government will introduce a series of measures across various fields, including the securities and derivatives market, fixed income and currency hub, as well as asset and wealth management center.



The Hong Kong Exchanges and Clearing Limited will put forward recommendations to enhance the issuance mechanism of structured products with a view to providing greater flexibility for product listing and trading, he said.