Hong Kong Special Administrative Region (HKSAR) government said Thursday (Feb 25) it would hold an international conference on the unique advantages that Hong Kong offers the financial services sector in New York next week.
The "China's Global Financial Center Conference," scheduled on March 1 at New York's Plaza Hotel, will discuss Hong Kong's role as the gateway to China and its place in the global economy, as well as the development of Hong Kong as Asia's primary asset management hub, the Information Office of HKSAR government said.
Secretary for Financial Services and the Treasury of the HKSAR government, Chan Ka-keung, noted the increasing use of renminbi in trade settlement and financing to support economic activities has opened up a whole new market, which Hong Kong is ideally placed to be the center of.
"Our unique position as a gateway to China means we can help overseas asset managers in their search for investment opportunities as well as access to the country's increasing wealth, " Chan added.
