The government of Hong Kong has published a press statement to inform of a financial forum, the so-called Hong Kong – Unparalleled Opportunities to Expand Your Global Business – Cross-border Asset Management and Green Finance Forum, that recently took place as part of the SmartHK Promoting High Quality Developmentā§Hong Kong Forum which was launched on May 24, 2023.
The forum was co-hosted by the Invest Hong Kong (InvestHK) and the Hong Kong Trade Development Council (HKTDC) and aimed to update potential investors from the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) cities on the latest high-end and high value-added financial services in Hong Kong and encourage them to utilize Hong Kong’s business advantages for global expansion. The forum thereby focused on cross-border asset management and green finance and highlighted Hong Kong’s robust financial system, diverse capital market, competitive tax system, friendly business environment, and sound legal system as key advantages. It also emphasized Hong Kong’s role as an international financial center and the support it receives from the National 14th Five-Year Plan and the Outline Development Plan for the GBA.
The speakers at the forum discussed Hong Kong’s strengths in cross-border wealth management, family offices, environmental, social, and governance (ESG), green finance, and sustainable finance. The event aimed to promote collaboration and cooperation between Hong Kong and the GBA in these areas and facilitate the high-quality development of green and sustainable finance in the region.