CoinVoice has learned that, according to China News Network, the President of the Hong Kong Monetary Authority, Yu Weiwen, stated in Beijing that over the past year, the Hong Kong financial system has been very stable, and in the future, stability will remain a priority. He also mentioned that efforts will be strengthened to enhance the connectivity with the mainland financial market, as well as to develop financial technology and green finance.
Yu Weiwen also stated that in the future, financial technology and green finance will be key focuses for the Hong Kong Monetary Authority. The Hong Kong Monetary Authority will continue to explore cooperation with central banks that have similar development trajectories and aligned goals internationally, promote financial technology innovation, and will also continue to respond to market demands in developing 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 in Hong Kong accounting for more than one-third of the Asian market. [Original link]