Eddie Yue: Hong Kong has regained its spotlight on the global stage and will steadily expand its currency and fixed income markets.

On November 4th, 2025, the International Financial Leaders Investment Summit was held. Chief Executive of the Hong Kong Special Administrative Region, John Lee Ka-chiu, stated that after three years of development, Hong Kong has regained its shine on the global stage and will inject more "Hong Kong energy" into the world economy. He pointed out that Hong Kong is continuously enhancing its competitiveness, optimizing listing rules, steadily expanding its currency and fixed income markets, and solidifying its financial infrastructure. The Hong Kong government will continue to support its development. John Lee Ka-chiu mentioned that this year, the average daily trading volume in the Hong Kong stock market exceeded $32 billion, doubling from last year. In the first 10 months of this year, Hong Kong had 80 IPOs raising over $26 billion, ranking first globally in IPO fundraising. In order to maintain this momentum, Hong Kong is actively promoting many reforms, allowing overseas companies to finance and manage trade risks more efficiently, and promoting RMB stock trading. We are determined to develop Hong Kong into the global center for digital assets, and to prepare for the future in cooperation with regulators, with the aim of ensuring the healthy and sustainable development of digital assets in the future. In addition to licenses, Hong Kong also has sandbox projects to allow the testing of financial technology applications in a controlled environment. Earlier, Hong Kong released the "Fixed Income and Currency Market Roadmap" to prepare for the next generation of financial infrastructure. John Lee Ka-chiu hopes to expand RMB business and become the largest global cross-border RMB market. John Lee Ka-chiu stated that Hong Kong is actively building a global gold trading market and leveraging AI and blockchain technology to reduce transaction costs, empowering the development of the real economy and financial markets. In terms of family offices, Hong Kong is expected to become the world's largest wealth management center in the coming years, thanks to relevant preferential policies. He continued to mention that Hong Kong will explore the development of tokenized markets in a secure and sustainable environment. Regarding the Asian Infrastructure Investment Bank (AIIB) setting up a base in Hong Kong, John Lee Ka-chiu stated that Hong Kong will leverage its financial diversity to provide comprehensive services such as financing and investment management, becoming an example of the linkage between the Hong Kong and mainland markets under the principle of "One Country, Two Systems."