ChainCatcher news, according to China News Network, the President of the Hong Kong Monetary Authority, Yu Weiwen, stated in Beijing that over the past year, Hong Kong's financial system has been very stable, and the focus will continue to be on stability in the future. He also mentioned that there will be an enhancement of connectivity with the mainland financial market, as well as the development of financial technology and green finance.
Yu Weiwen further stated that in the future, financial technology and green finance will be the focus of the Hong Kong Monetary Authority. The Hong Kong Monetary Authority will continue to explore cooperation with central banks that have similar development and goals internationally, promoting financial technology innovation, and will also continue to respond to market demand in the development of green finance. He revealed that Hong Kong has now become the preferred green financing platform for international issuers in Asia, with the total amount of green and sustainable bonds arranged by Hong Kong accounting for more than one-third of the Asian market.