Economic Summit Forum: 30% Hong Kong stocks lack liquidity and foreign capital withdraws from two major industries

Today (18th), "Hong Kong 01" held the 2023 Economic Summit Forum, with the theme "Hong Kong's Economy in the Century of Great Changes." In the first theme discussion of the forum, experts focused on "high-quality transformation of Hong Kong's financial center."

Lin Chen pointed out that about 30% Hong Kong stocks have no trading and investment worries about liquidity. The two major industries have lost foreign investment.

Lin Chen pointed out at the forum that about 30% of Hong Kong stocks are facing the problem of insufficient trading, which may lead to insufficient liquidity. At the same time, two major industries lost foreign investment.

Transformation challenges for Hong Kong’s financial center

Experts discussed the transformation challenges facing Hong Kong's financial center, including how to cope with inactive trading and the withdrawal of foreign capital. They emphasized the need for corresponding policies and measures to promote the development of financial centres.

Strengthen financial supervision

During the discussion, experts also mentioned the importance of strengthening financial supervision. They believe that stronger supervision can help prevent financial risks, improve market transparency and attract more investors.

Promote financial innovation

In addition to strengthening supervision, experts also called for promoting financial innovation. They believe that by introducing new financial products and services, the competitiveness of financial centers can be improved and the needs of different investors can be met.

Looking to the future

Overall, experts are confident about the future of Hong Kong's economy. They believe that through hard work, Hong Kong's financial center will be able to cope with challenges, achieve high-quality transformation, and contribute to the development of Hong Kong's economy.