According to Jinshi Data, the Federal Reserve cut interest rates by 50 basis points this month. Hong Kong Financial Secretary Paul Chan Mo-po wrote in his blog that the loose financial environment is beneficial to the asset market atmosphere and the business environment. As the overall environment gradually turns relatively favorable, it is necessary to increase efforts to promote the Hong Kong market.

Chan Mo-po said that as investment risk appetite gradually recovers and investors pursue higher returns, it is necessary to explore broader and more diversified sources of funds. Today he will set off for Europe to attract investment, and at the end of next month he will lead a delegation to visit the Middle East, hoping to promote deeper and more extensive exchanges and cooperation in more areas.