Hong Kong Monetary Authority's Norman Chan: Hong Kong's financial transformation challenges come from talent gap and are being tackled through various measures.

According to the Guotong Financial APP, Deputy Director of the Hong Kong Monetary Authority Ruan Guoheng stated at an event that promoting the transformation of finance for sustainable development requires enhancing the operational resilience and preparedness of the banking industry in Hong Kong. He pointed out that one of the major challenges in transforming finance comes from the talent gap, and it is necessary to ensure that there are enough talented individuals to support the smooth operation of the market. The authorities are taking various measures to address this issue.