[Now News Channel]The Secretary for Financial Services and the Treasury, Xu Zhengyu, said in our program “Big Talk” that he has invited many family offices around the world to participate in the “Yu Ze Hong Kong” Summit Forum to be held in Hong Kong next month, and the initial response is satisfactory , I believe it will support Hong Kong’s role as a family office hub.
In order to attract family offices to come to Hong Kong, Hong Kong will hold a summit forum of “Yu Ze Hong Kong” at the end of March. Xu Zhengyu, Secretary for Financial Services and the Treasury, said that he had widely distributed “Hero Posts” and invited representatives of the Global Family Office to participate, and the initial response was good.
Xu Zhengyu: “Our goal this time is to make this network as wide as possible, to attract more family offices to settle in Hong Kong, and to make good use of our existing series of measures to support and cooperate with Hong Kong’s role as a family office hub.”
The government plans to issue bonds of 65 billion yuan each year in the next few fiscal years. Xu Zhengyu said that it is to lay a solid foundation for the economy. Even if bonds are issued every year, Hong Kong’s debt will still be at a healthy level.
Xu Zhengyu: “We have seen that whether it is green bonds or the infrastructure bonds currently planned, the actual purpose is to support some investments and so-called non-recurring expenses. These are always invested in the future and in infrastructure, which makes us There will be a better foundation for future economic development.”
Xu Zhengyu said that the government issued green bonds with a total value of about 5.7 billion US dollars earlier, which was oversubscribed several times. Even in the environment of high interest rates, government bonds are still attractive enough.
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