As the representative of the financial services sector in the Legislative Council, one of my duties is to give suggestions to the government to promote our unique status as an international financial hub.
It has been reported that the “Qualified Domestic Individual Investors Scheme” (i.e. QDII2), which is known as the “mini through-train for Hong Kong stocks”, is said to have new development recently.
Deputy President, on Monday 1 July, hundreds of thousands of people took to the streets under Typhoon Signal No. 3. They braved the gusty wind and battering rain only to express their opinions about the performance of Chief Executive LEUNG Chun-ying in various aspects in the past year since he took office and voice their aspirations.
The Financial Secretary mentioned in the Budget of this year that to strengthen its position as a premier international asset management centre, Hong Kong would provide relevant legal and regulatory frameworks, and a clear and competitive tax environment with a view to attracting more funds of various types to base in Hong Kong.
Deputy President, I thank Mr. NG Leung-sing for proposing this motion on “Maintaining and enhancing Hong Kong’s position as an international financial centre” today.
Following is a question by the Hon Christopher Cheung and a written reply by the Secretary for Financial Services and the Treasury, Professor K C Chan, in the Legislative Council today (June 5): Question: According to the Financial Transactions Tax (FTT) Law of Italy, which came into force on January 1 this year, FTT is … Read more
Following is a question by the Hon Christopher Cheung and a reply by the Secretary for Financial Services and the Treasury, Professor K C Chan, in the Legislative Council today (May 29): Question: The Securities and Futures Commission (SFC) announced on May 18 this year that it had received notification from Hong Kong Mercantile Exchange … Read more
Following is a question by the Hon Christopher Cheung and a written reply by the Secretary for Financial Services and the Treasury, Professor K C Chan, in the Legislative Council today (April 17): Question: Some members of the public have relayed to me that the number of bank branches providing counter services has been decreasing … Read more
The Business and Professionals Alliance for Hong Kong (BPA) made another milestone in its robust development with the formal opening of its secretariat office in Admiralty Centre today (April 11). Chairman of the Alliance, Andrew Leung, said the office could provide more effective support to BPA’s work in the legislature and enable comprehensive advancement of … Read more
President, Hong Kong is well-known for its status as an international financial centre. The report published by the World Federation of Exchanges early this year pointed out that the total market value of companies listed in the Hong Kong Exchanges and Clearing Limited surpassed that of the Shanghai Stock Exchange and the two ranked the sixth and seventh among … Read more
