On February 4th, the air force of the southern theater of the Chinese People's Liberation Army conducted a routine patrol in the airspace of Huangyan Island on February 4th. During this period, the Philippines solicited the so-called "joint patrol" organized by foreign countries to deliberately disrupt peace and stability in the South China Sea. The air force of the theater continued to maintain a high degree of alert and resolutely defended the country's territorial sovereignty and maritime rig...
On January 13, Li Jiachao, the Chief Executive of the Hong Kong Special Administrative Region, said at the 18th Asian Financial Forum in Hong Kong that Hong Kong will explore new growth areas, including the establishment of an international gold trading center, providing world-class gold storage facilities, adding insurance, testing and certification, logistics and other supporting services, and eventually forming a complete gold trading center and related industrial chain to provide investors w...
Li Ka-chao today delivered his third "Policy Address" during his tenure. The Hong Kong Monetary Authority announced that it will soon launch the "Digital Bond Funding Scheme" to encourage more Financial Institution Groups and issuers to adopt tokenization technology in capital markets transactions to promote the development of the digital securities market. In addition, the HKMA also allows potential issuers to test business plans and application scenarios through the stablecoin issuer sandbox, ...
The Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, said that the government will continue to promote the central bank's policy stance and guidelines on the application of artificial intelligence in innovative financial services such as digital currency, mobile payment, virtual banking, virtual insurance, and virtual asset trading. Measures include, First, to promote the application of cross-border transfer of central bank digital currency, the Hong Kong Monetary Auth...
Li Jiachao, Chief Executive of the Hong Kong Special Administrative Region: Attract investors to store gold in Hong Kong, and promote the clearing and delivery of gold transactions. We will give full play to the mechanism and supporting advantages of an international financial center to build an international gold trading center. The government will promote international commodity exchanges, set up authorized warehouses in Hong Kong, and attract enterprises to settle in Hong Kong through tax inc...
Li Jiachao, Chief Executive of the Hong Kong Special Administrative Region: We will make every effort to promote more global funds to be managed in Hong Kong, including promoting the development of new sales channels for Private Offering Funds through the Hong Kong Stock Exchange, and seeking cooperation with large corporate sovereign funds in the Middle East and other regions to jointly establish funds to invest in assets in the mainland and other regions.
Li Jiachao, Chief Executive of the Hong Kong Special Administrative Region: In order to promote the trade in spirits, the duty rate for spirits with an import price of more than HK $200 will be reduced from 100% to 10% with immediate effect, while the duty rate for spirits with an import price of more than HK $200 and below will remain unchanged.
On October 16, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, delivered the "Chief Executive's 2024 Policy Address" today (16th) in the Chamber of the Legislative Council Complex of the Hong Kong Special Administrative Region. Li Jiachao said that the Hong Kong Special Administrative Region Government will set up a "Low-altitude Economic Development Working Group", headed by the Deputy Secretary for Finance, to formulate low-altitude economic development strategi...