Jan 14, 2025
Key Beijing official in Hong Kong calls for white paper to elevate capital market
Hong Kong's capital market plays a key role in the city's financial system and national strategies but it falls short in many areas, according to Qi Bin, the deputy at the central government's liaison office in the city. "Compared with international best practices, Hong Kong still has shortcomings in market regulation, transaction costs and corporate governance," Qi said in a speech at the Hong Kong Capital Markets Forum on Wednesday. "Hong Kong could explore researching and developing a capital