HK offers businesses growth and capital: FS

Financial Secretary Paul Chan emphasized that Hong Kong is an ideal location to offer businesses growth opportunities and long-term capital. During a session with investors on the second day of the Global Financial Leaders Investment Summit, Chan explained that companies require various forms of capital at each stage of growth, and Hong Kong meets these needs.

According to Chan, Hong Kong's unique position under the "One Country, Two Systems" framework allows for a seamless connection to the Chinese mainland while maintaining a common law legal system, a free flow of capital, and strong international networks. These factors create a secure and familiar environment for global investors to engage with China's vast growth potential.

Chan further noted that Hong Kong already attracts venture capital, private equity, family offices, and asset managers, along with well-developed equity and bond markets. The city's goal is to enhance connections across the corporate life cycle to support businesses. Chan also mentioned that follow-on fundraising on the Hong Kong Stock Exchange amounted to HK$570 billion in the first nine months of the year, demonstrating the market's ongoing support for companies beyond their initial listings.

Looking ahead, Chan aims to expand investment options to help investors manage risks and liquidity effectively, contributing to long-term value creation. To achieve this, Hong Kong will continue to improve market efficiency through faster approvals, streamlined processes, and clearer frameworks for new financial products, all while preserving its integrity.