Yu Weiwen: Hong Kong still has development potential as a financial hub in Asia.

The Chief Executive of the Hong Kong Monetary Authority, Eddie Yue, recently stated that Hong Kong, as a banking hub in Asia, still has a vast space for further development. Yue emphasized in a public speech that although Hong Kong already plays a pivotal role in the global financial system, its financial markets still have potential for further growth in multiple areas. He pointed out that as an international financial center, Hong Kong not only has a mature banking system and a stable regulatory environment, but it can also further strengthen its position as a global financial hub through measures such as enhancing cooperation with regional economies and promoting financial technology innovation. Yue also mentioned that in the future, Hong Kong will seek more opportunities for development in financial infrastructure construction and cross-border financial services in order to better serve regional and international markets. He particularly emphasized that as the Asian economy continues to grow, Hong Kong's role in regional financial cooperation and innovation will become more important. By introducing more innovative financial products and services, Hong Kong is expected to continue attracting global investors and injecting new energy into its banking industry.