The Zhitong Finance App learned that the closing ceremony of the 2026 Financial Street Forum was held in Beijing on the 22nd. The Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, said in a video message that the current 100 years of changes in the world are accelerating, geopolitics are complicated, and unilateralism and protectionism are on the rise. Finance is the lifeblood of the modern economy. Facing the effects of economic fragmentation, the international community needs to brainstorm ideas, break the game through cooperation, and achieve far-reaching collaboration. Finance is Hong Kong's fundamental and greatest strength. Hong Kong will continue to consolidate its position as the world's largest offshore RMB business hub and serve the country's high level of openness to the outside world with active financial services.
Li Jiachao said that it will continue to strengthen the function of a hub connecting national and global capital. The Hong Kong stock and bond market is deeply rooted, with strong IPO fund-raising performance and ranking among the world's leading. Next year, the Hong Kong Securities Regulatory Commission (Securities and Futures Commission) will consult on streamlining the prospectus to facilitate high-quality overseas companies to go public and raise capital in Hong Kong. At the same time, Hong Kong fully supports mainland enterprises to make good use of Hong Kong's high-quality professional services and expand the international market through special overseas travel classes and tax concessions at the Treasury Center.
In addition to financing, Hong Kong is becoming a cornucopia of international capital and a safe haven. This year, Hong Kong became the world's largest cross-border wealth management center. Li Jiachao said that he will continue to build a more competitive asset and wealth management ecosystem so that global capital can find the best allocation opportunities in Hong Kong. At the same time, Hong Kong is building a top risk management center in Asia, promoting special insurance for emerging industries such as gold and green fuels, and building a solid line of defense for the real economy.
Li Jiachao said that Hong Kong will build a new diversified financial ecosystem to serve the country's modern industrial system. Hong Kong is using gold as an entry point to build a commodity trading ecosystem and promote the storage, clearing and delivery of gold and non-ferrous metals. At the same time, Hong Kong's “Technology Enterprise Hotline” will continue to provide efficient financing channels for mainland specialized, innovative and cutting-edge technology enterprises. Hong Kong will also continue to promote carbon market cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area and build a regional green finance and low-carbon transition ecosystem. In the future, Hong Kong will continue to play the role of “super contact” and “super value-added person”, injecting greater momentum into the mutual benefit and win-win situation of global finance.