Chairman of the Chinese Finance Association of Hong Kong: Learn from Shanghai’s experience to promote the innovative development of new financial for
Meng Yu, Chairman of the Hong Kong China Financial Association, wrote an article in Sing Tao Daily entitled "Telling Hong Kong Stories on the Road to Building a Financial Power in the 'Twin Cities' of Shanghai and Hong Kong". The article pointed out that by drawing on Shanghai's experience and comparing it with its own positioning and advantages, Hong Kong should strengthen its own strengths in the following areas:
First, strengthen top-level design, further improve Hong Kong's financial market system, and promote the transformation and upgrading of financial infrastructure;
Second, promote the innovative development of new financial formats such as family offices, virtual asset trading, carbon trading and green finance, and digital finance;
Third, continue to vigorously promote the breadth and depth construction of Hong Kong's financial market, reform and innovate market trading policies and mechanisms, improve trading efficiency, reduce trading costs, expand market depth, increase traffic, and enhance market confidence.
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