Xu Zhengyu: The Hong Kong government will definitely protect Hong Kong's status as an international financial center when it promotes compulsory inspections

The Treasury Bureau posted on Facebook, stating that the bureau has been in close contact with the financial industry to understand the difficulties faced by everyone during the epidemic and to coordinate the launch of assistance measures.

Today, Director Xu Zhengyu and Deputy Director Chen Haolian held an online meeting with four industry organizations, including the Hong Kong Investment Funds Association, the Hong Kong Chinese Fund Industry Association, the Hong Kong Securities Association and the Hong Kong Chinese Securities Association Faced with operational difficulties and various suggestions.

Director Xu Zhengyu emphasized at the meeting that Hong Kong is an international financial center serving the country and global players. The financial industry is one of the most international industries in Hong Kong, and it is crucial to maintain uninterrupted connections with other markets.

He also said that while fighting against the epidemic, Hong Kong will definitely consider the need for orderly market operations, including important links such as trading, settlement and payment, so that the financial industry can continue to play the important functions of financing, allocating funds and managing risks. real economy.

In addition, the financial industry also serves the daily needs of Hong Kong citizens, including payment and wealth management, so its continuous operation is indispensable to Hong Kong society.

Xu Zhengyu also noted that even if the places where other financial markets are located have implemented crowd control measures, the operation of their financial markets will not be affected.

The SAR Government must take into account the characteristics of the financial industry and safeguard Hong Kong's status as an international financial center when implementing the "Compulsory Testing for All" program.

In addition, Xu Zhengyu also stated to various industry organizations that the Finance and Treasury Bureau will continue to coordinate with various regulatory agencies to support the industry in responding to the challenges of the epidemic, and will issue guidelines to the market to maintain stable operations under the epidemic in a timely manner.

He hoped that the financial industry will continue to work together and unite with all walks of life in Hong Kong to win the battle against the epidemic.