香港金融發展局2023/24年報

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report highlights the sustained economic growth of Mainland China, which has consistently outpaced developed economies, achieving a GDP growth of 5.2% in 2023 compared to the US's 2.6% and OECD countries' 1.6% [10][12] - Hong Kong is transitioning from a passive bridge role to an active connector in the global financial landscape, emphasizing the need to seek and channel flows of people, capital, and goods [11][12] - The internationalization of the Renminbi is identified as a significant opportunity, with the currency currently accounting for only 4.5% of global trade settlement despite China representing 17.8% of the world's GDP [13][14] Summary by Sections Chairman's Message - The report discusses key historical milestones in China's economic growth, including its accession to the WTO in 2001 and the peak growth rate of 14.2% in 2007 [10] - It notes the resilience of the Chinese economy during global downturns, such as the Great Recession and the COVID-19 pandemic, and highlights the recovery trends observed in 2023 [10][12] Executive Director's Message - The financial services sector in Hong Kong has shown resilience and adaptability in a rapidly changing global environment, achieving significant results through enhanced partnerships [22][24] - The establishment of the Hong Kong Academy for Wealth Legacy is a notable initiative aimed at strengthening Hong Kong's position as a global family office hub [27][30] Market Promotion - The report emphasizes the importance of market promotion activities, with over 100 local and international events held to foster connections among stakeholders [26][30] - It highlights the successful hosting of the inaugural conference on impact investing, showcasing Hong Kong's commitment to driving positive social and environmental change [26][30] Human Capital Development - The report outlines initiatives aimed at nurturing young talent in the financial services industry, including a career festival in collaboration with professional associations [29][30] - Continuous improvement in systems and talent is emphasized as crucial for achieving the organization's goals [18][34] Insights and Publications - The report mentions ongoing research into digital assets and blockchain technology, indicating a focus on innovation within the financial services sector [12][18] - It references a specific study on the development of the offshore Renminbi market, which is crucial for enhancing Hong Kong's role as an international financial center [16][18]