Chen Maobo embarked on a visit to London to introduce Hong Kong's development opportunities to the British political and business sectors.

Hong Kong Financial Secretary Paul Chan Mo-po arrived in London, United Kingdom on November 25th local time for a visit. He met with representatives of several family offices from Europe, the Middle East, and Asia, introducing to them the investment opportunities in finance and technology, the ecosystem of charity and impact investments, and the high-quality living environment in Hong Kong, welcoming them to set up offices in the city. In addition, Paul Chan Mo-po also met with a financial institution interested in establishing operations in Hong Kong. Following this, Paul Chan Mo-po attended the "Hong Kong Dinner" hosted by the Hong Kong Trade Development Council and delivered a keynote speech, introducing the latest situation and development opportunities in Hong Kong to the political and business communities in the UK. He emphasized that "One Country, Two Systems" continues to be the cornerstone of Hong Kong's prosperity and stability, with the rule of law and common law system remaining robust and internationally recognized. He pointed out that over the past year, global capital continued to flow in, businesses from multiple countries expanded their operations in Hong Kong, reflecting the international community's confidence in Hong Kong's business environment. For example, after the Hang Seng Index rose by 18% last year, it has increased by about 30% this year, with IPO fundraising amounts leading the world, asset management scale and bank deposits continuing to grow, attracting more international financial institutions to develop in Hong Kong. Paul Chan Mo-po stated that exchanges between Hong Kong and the UK in areas such as economy, trade, investment and culture have been frequent over the past year, with bilateral trade continuing to grow and two-way investment remaining active. He also mentioned that the Northern Metropolis Area will become a key platform for driving the development of technology and innovation, with the government accelerating the construction in the area, including relaxing planning restrictions and adopting more flexible development models such as zone development to integrate land-use binding industries. The government will also introduce preferential policies to attract companies to establish a presence in the area. The Shenzhen-Hong Kong Innovation Corridor will become a cross-border innovation corridor, promoting innovative policies, including the free flow of funds, talent, goods, data, and even biological samples, which are highly attractive to international companies engaged in artificial intelligence and biotechnology. Paul Chan Mo-po concluded that Hong Kong's development prospects are promising, welcoming more British companies and professionals to invest and develop businesses in the city and share in the vast development opportunities. Paul Chan Mo-po will continue his visit in London, United Kingdom on November 26th local time, and then travel to Milan, Italy.