Business confidence in HK unchanged: Christopher Hui

The Secretary for Financial Services and the Treasury, Christopher Hui, says figures show the confidence of international investors in Hong Kong remains unchanged after the introduction of the national security law.

Speaking on RTHK’s Overview Policy, Hui said both the deposits in the banking sector and the foreign currency reserve have increased following the introduction of the law.

“The national security law has quickly restored the stability in Hong Kong, allowing the city to focus on its development. It’s unarguable,” he said.

He added that Hong Kong can start afresh in light of the new electoral system.

The financial services chief also said the central government is supportive of Hong Kong as it has introduced a series of policies to enhance the SAR’s status as an international financial centre.

Going forward, Hui said officials will look into letting investors buy Hong Kong stocks with renminbi and further promote green bonds.