Hong Kong Securities and Futures Commission Huang Tianyou: Importance of diversified investment highlighted It is advisable to adopt cross-regional and cross-asset strategies to diversify risks.

On November 5th, the Chairman of the Hong Kong Securities and Futures Commission, Carlson Tong, stated in his speech at the "Dialogue with International Investors" seminar at the International Financial Leaders Investment Summit that the Commission is committed to maintaining and enhancing Hong Kong's position as an international financial center through effective regulation and market development. Geopolitical risks, rising debt, technological changes, and market concentration have put pressure on market resilience, so caution is necessary. He emphasized that future opportunities lie in diversification and that investors should adopt cross-regional and cross-asset investment strategies to mitigate risks. Tong pointed out that with the collective efforts of various regulatory bodies, the Hong Kong market and wealth management industry have seen strong growth, with IPO fundraising ranking first globally, attracting large sovereign funds and institutional investors. The assets under management have doubled in the past 10 years, and the international market has confidence in Hong Kong's financial and regulatory systems. He also cited estimates from the International Monetary Fund (IMF) that Asia will be the biggest driver of the global economy in the next two years, and Hong Kong is working towards this goal. He stated that the Securities and Futures Commission will continue to improve Hong Kong's market performance and wealth creation capabilities, working with regulatory bodies such as the Hong Kong Monetary Authority to protect investors and build international confidence. This year, there will be a wider range of product choices in the market, strengthened market connections, and promotion of tokenization and virtual asset market development. The progress of the asset management market this year has been good, and it will continue to provide new opportunities for global investors on a solid growth foundation.