Core Viewpoint - The Hong Kong government, led by Chief Executive John Lee, has introduced the "2025 Policy Address," which has received strong support from various regulatory bodies and institutions in Hong Kong, emphasizing measures to strengthen Hong Kong's position as a leading international financial center [2]. Group 1: Hong Kong Securities and Futures Commission (SFC) - The SFC welcomes measures in the Policy Address aimed at reinforcing Hong Kong's status as a global preferred listing venue and enhancing the stock market and listing system [4]. - Suggestions to include RMB counters and real estate investment trusts in the Stock Connect are expected to deepen ties between Hong Kong and mainland markets [4]. - The SFC highlights the importance of promoting bond issuance and establishing a commercial repurchase market to further develop the fixed income and currency markets, enhancing Hong Kong's attractiveness to global investors [4][5]. Group 2: Hong Kong Exchanges and Clearing (HKEX) - HKEX leadership expresses support for the Policy Address, noting that initiatives covering both primary and secondary markets will help sustain Hong Kong's development as an international financial center [6][7]. - The HKEX aims to enhance the diversity of financial products available in the market, including securities, fixed income, currency, commodities, and carbon markets [7]. Group 3: Hong Kong Insurance Authority - The Insurance Authority supports measures in the Policy Address that aim to enhance Hong Kong's status as an international financial center, particularly in specialized insurance and reinsurance [8][9]. - The establishment of a shipping risk pool is seen as a way to create new opportunities and improve resilience against emergencies [9]. Group 4: Hong Kong Chinese Fund Industry Association - The Association praises the Policy Address for its focus on strengthening the stock market and developing a leading bond market, which will attract global capital to Hong Kong [10]. - Proposals to shorten the stock settlement cycle to "T+1" and facilitate the return of Chinese concept stocks are expected to broaden investment channels for Chinese funds [11]. Group 5: Hong Kong Cyberport - Cyberport welcomes the Policy Address's emphasis on advancing artificial intelligence (AI) and data industries, aiming to position Hong Kong as an international hub for these sectors [12][13]. - Cyberport plans to support the development of an AI ecosystem and attract innovative enterprises to enhance Hong Kong's status as a technology center [13]. Group 6: Hong Kong Financial Development Council - The Financial Development Council supports the Policy Address's initiatives aimed at enhancing the competitiveness of Hong Kong's financial markets, including the promotion of reinsurance and the inclusion of real estate investment trusts in the connectivity mechanism [14]. Group 7: Hong Kong University of Science and Technology - The University expresses encouragement regarding the Policy Address's focus on AI development and plans to establish an AI research institute by 2026 [15][16]. - The University aims to collaborate with the government to enhance AI education and contribute to the development of the AI ecosystem [16].