Financial News
Written by: Huang Jie
2021-01-18 11:20
Last update date: 2021-01-18 11:21
The Asian Financial Forum (AFF) was opened today (18th).
The Chief Executive Carrie Lam attended the forum and delivered an opening speech.
She said that affected by the new crown pneumonia epidemic, the global economy is expected to drop by about 4.4% last year, and the local economy is expected to shrink by 6.1%.
However, the vaccine brings hope to the world. If the vaccine is effective, the economy of Hong Kong will recover in the second half of the year.
Carrie Lam also said that under the linked exchange rate system, the Hong Kong dollar remains strong and the system maintains an orderly operation, reflecting investors' confidence in Hong Kong's financial market and believing that Hong Kong will usher in huge opportunities after the epidemic, which is a gateway for China to connect with other countries. .
Lam Cheng Yuet-ngor mentioned that the Guangdong-Hong Kong-Macao Greater Bay Area has launched "Cross-border Wealth Management", which brings huge investment potential and is expected to attract more multinational financial institutions to join.
Asian Financial Forum Carrie Lam Hong Kong Economy