Hong Kong Stock Exchange (00388) chairman Dennis Sun Mei-lun: The financial budget further enhances Hong Kong's competitiveness as an international financial center.

14:29 28/02/2024

The Hong Kong Stock Exchange will continue to leverage its unique advantage in connecting China with the world, constantly deepening and improving connectivity with the mainland market, while enhancing international cooperation and further upgrading the infrastructure of the Hong Kong market.

Hong Kong Exchanges and Clearing Limited (HKEX) Chairman Laura Cha stated that in the 2024-25 budget announced by the Financial Secretary today, various measures have been proposed to further enhance Hong Kong's competitiveness as an international financial center. Despite a complex and challenging external environment, HKEX will continue to leverage its unique advantage of connecting China and the world, deepen and improve the mutual access with the Mainland market, strengthen international cooperation, and further enhance the infrastructure of the Hong Kong market. HKEX looks forward to continuing to work with the SAR government and all stakeholders to further enhance the attractiveness, resilience, and vitality of the Hong Kong market. HKEX Group Chief Executive Officer Nicolas Aguzin stated that HKEX is committed to playing a key role in supporting the government's further development of the Hong Kong financial market. Over the past year, HKEX has introduced many important initiatives, including continuously improving the listing mechanism, modernizing market infrastructure, and expanding the product ecosystem. HKEX is developing more measures to enhance market liquidity and efficiency, further increase the attractiveness of the Hong Kong market to issuers and investors, and bring long-term prosperity to businesses and communities.

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100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.