[Fugitive Offenders Regulations] Shi Meilun: It is still attractive to see no outflow of funds from Hong Kong

Financial news

Written by: Huang Youhua

2020-01-21 11:02

The Hong Kong government's proposed amendment to the Fugitive Offenders Regulations has triggered a storm that has lasted for seven months. From time to time, some organizations have pointed out that the incident triggered billions of dollars of funds flowing out of Hong Kong. However, Shi Meilun, chairman of the Hong Kong Stock Exchange (0388), who attended the World Economic Forum (WEF) in Davos in Switzerland, said that no significant capital outflows from Hong Kong have reflected that global investors still consider Hong Kong an attractive market.

In an interview with CNBC, she said that despite protests in Hong Kong, financial markets performed well and capital markets remained strong.

She pointed out that there are now clear signs that the market is concerned about Hong Kong's demonstrations and protests, but believes that these concerns will be resolved soon. She also believes that under the "one country, two systems", the Beijing authorities will let the Hong Kong government solve the problem on their own, and believe that the government Ability to solve.

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Fugitive Ordinance