HKEX(HK:00388) Zhi Tong Cai Jing·2026-01-28 05:52Core Viewpoint - Hong Kong needs to upgrade and amend its capital markets to maintain competitiveness, resilience, and a strong positioning in the next phase [1] Group 1: Enhancing Competitiveness - The first priority is to enhance competitiveness by improving the stock market, which has been a focus over the past year, supporting emerging markets [1] - Efforts are being made to improve the issuance framework for structured products and explore local collaboration opportunities [1] - Hong Kong is enhancing trading efficiency and risk management, with a strategic collaboration between the Hong Kong Monetary Authority and the Hong Kong Stock Exchange to operate the debt instrument central settlement system [1] Group 2: Strengthening Other Capital Market Segments - The second priority involves strengthening other segments of the capital market with two strategic directions: reinforcing traditional advantages such as asset and wealth management, fixed income, and money markets [1] - There is also a focus on developing new growth areas, such as commodities, highlighted by a recent cooperation agreement with the Shanghai Gold Exchange to promote high-quality development of the Hong Kong gold market [1] Group 3: Developing Offshore RMB Market - The third priority is to establish a more vibrant offshore RMB market, enhancing RMB liquidity and enriching investment and risk management in the RMB space [1] - This initiative aims to support the internationalization of the RMB [1]