CoinVoice has learned that Hong Kong Legislative Council Member (Financial Services Sector) Lee Wai-hung proposed a motion on 'Promoting High-Quality Development and Building a Financial Power' in the Legislative Council meeting yesterday (November 27) and it was passed.
It is reported that the motion primarily revolves around six strong key core elements, and aims to achieve the goal of a strong finance through the development of 'five major areas' including technological finance, green finance, inclusive finance, pension finance, and digital finance. Regarding digital finance, he suggested allowing retail investors to participate in more various types and different currencies of virtual asset trading, as well as accelerating the approval process for license upgrades by the Securities and Futures Commission.
He also believes that Hong Kong could explore establishing a Hong Kong version of the ESG certification system to assist domestic enterprises in making ESG reports that meet international standards. [Original link]