Golden Finance reported that Hong Kong SAR Financial Secretary Paul Chan said on the 9th that there is still a large funding gap in the global low-carbon transition process, which brings unique opportunities for Hong Kong to develop transition finance. Hong Kong will accelerate the creation of Asia's leading transition finance center. Paul Chan said at the Hong Kong Green Finance Association's annual forum held on the same day that Hong Kong is already Asia's leading green financing center. In the past three years, Hong Kong has issued an average of more than US$63 billion in green bonds and green debt each year; as of June this year, the Hong Kong Securities Regulatory Commission has approved more than 230 ESG (environmental, social and corporate governance) funds, with assets under management exceeding US$160 billion, an increase of 60% from three years ago. (Shanghai Securities News)