How Hong Kong’s new 5-year plan courts global capital with an eye on market dominance

How Hong Kong’s new 5-year plan courts global capital with an eye on market dominance Expanded investment products and stronger mainland-market links aim to deepen Hong Kong’s wealth-management edge and lure more international investors Hong Kong is broadening its equity markets, deepening its offshore yuan business and expanding further into gold trading under its first five-year plan for economic and social development, as the city seeks to defend its standing as Asia’s top financial centre and close the gap with London. At the core of Hong Kong’s strategy is a revitalised equities market. The local exchange is set to study looser listing rules – including adjusted market-capitalisation thresholds – for technology companies of “strategic importance” while broadening secondary listing channels by adding the Kazakhstan Stock Exchange to its recognised-bourse list. [Image text:] X1 HASX HKGX 1st ANNIVERSARY ROMA HUGX HAGX Hapuo COALO CAIS FINEC AKA RAR 1KILO FINEGOLD 18660