According to ChainCatcher, the Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, Paul Hui, said that Hong Kong will continue to enhance its market competitiveness, strengthen connectivity with the mainland, and accelerate the development of new financial sectors, using these "three horses" to consolidate and enhance its status as an international financial center and serve the overall national development.
Hong Kong must provide financial products that are compatible with the development of the digital economy, and connectivity with the mainland market is very important for consolidating and enhancing Hong Kong's status as a financial center. Hong Kong will also accelerate the development of new financial sectors, including green finance, financial technology and other directions, and improve the regulatory framework for emerging fields such as stablecoins and virtual asset over-the-counter transactions, hoping that the market will develop on a steady and sustainable path.