Hong Kong Monetary Authority Chief Executive Eddie Yue: The Hong Kong financial system prioritizes stability

ChainCatcher news, according to China News Service, the President of the Hong Kong Monetary Authority, Eddie Yue, stated in Beijing that over the past year, the Hong Kong financial system has been very stable, and in the future, stability will remain a priority. He also mentioned that there will be an enhancement of connectivity with the mainland financial market, as well as the development of financial technology and green finance.

Eddie Yue further stated that in the future, financial technology and green finance will be the key focus areas for the Hong Kong Monetary Authority. The HKMA will continue to explore cooperation with central banks that have similar developments and goals internationally, promote financial technology innovation, and will also continue to respond to market demands in the development of green finance. He revealed that Hong Kong has now become the preferred green financing platform for international issuers in Asia, with the total amount of green and sustainable bonds arranged by Hong Kong accounting for more than one-third of the Asian market.