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Policy address 2025: Hong Kong unveils measures to boost financial centre status
Yahoo Finance· 2025-09-17 09:30
Group 1 - The Hong Kong Monetary Authority (HKMA) aims to encourage more mainland banks to establish regional headquarters in Hong Kong to enhance the city's status as an international financial center [1][3] - The local bourse operator plans to improve the listing regime as part of the government's strategy to strengthen Hong Kong's financial position [1] - The government intends to issue more RMB bonds and explore the use of renminbi for government expenditures under appropriate conditions [2] Group 2 - Authorities will introduce additional tax incentives to bolster the family office and wealth management sectors, as well as support gold and yuan trading in Hong Kong [2] - The government is actively inviting the Asian Infrastructure Investment Bank (AIIB) to set up an office in Hong Kong, enhancing the city's financial ecosystem [4] - The government has allocated funds to help universities attract top talent researchers, promoting innovation and development in the region [5] Group 3 - The policy address highlights the strategic role of the Hong Kong Investment Corporation (HKIC) in the city's economic development [6]