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By David Liao, Co-Chief Executive, HSBC Asia-Pacific
May 10, 2023
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As a global financial hub that serves as Mnland China’s gateway to the world, Hong Kong has long played a pivotal role as a connector between East and West. With the recent normalization of travel between Hong Kong and Mnland China this year, there is greater potential for people and goods flow than ever before.
Amidst the complex global environment and the need for Hong Kong’s continued role in international connectivity, it is crucial that we reinforce its position as a capital and talent hub for Mnland China and the rest of the world. As a leading financial institution in Hong Kong, HSBC remns steadfast in our commitment to support this vision.
In today's article, I will explore how Hong Kong can continue to thrive as an international financial centre with One Country, Two Systems. I will also discuss the role that international financial institutions play in accelerating economic integration across different sectors of the economy and how we at HSBC are dedicated to preserving trust built over decades through responsible business practices.
International Connectivity and Capital Hub
As global flows of trade have increased among Europe, India, and China since our establishment in Hong Kong in 1865, HSBC has remned committed to fostering opportunities for growth. Our strong network enables us to provide comprehensive services from trade finance to personal banking that cater to the diverse needs of both local and international clients.
The strength of Hong Kong as an international financial centre lies in its unique position under One Country, Two Systems. This framework not only attracts a myriad of global investors but also facilitates cultural exchange and economic development within Mnland China through a seamless flow of capital.
Building on this foundation, we at HSBC have remned steadfast in our vision to open up a world of opportunities for our clients by leveraging the power of our global network and expertise. Our unwavering commitment to long-term growth is embodied in our values and strategic decisions.
Despite recent challenges in financial markets worldwide, HSBC has demonstrated resilience through prudent risk management and client-focused services that have been instrumental in mntning trust with stakeholders. Our m remns to contribute positively to Hong Kong's economy by ensuring the stability of its financial systems while upholding global standards for responsible business conduct.
In , Hong Kong's future as an international financial centre is bright, anchored by its strategic location under One Country, Two Systems and backed by a strong commitment from HSBC. As we navigate through ever-changing economic landscapes, our focus remns on fostering sustnable growth, supporting innovation, and enhancing connectivity to benefit the wider global community.
To read in Chinese, visit Hong Kong Economic Journal.
The article has been revised for improved and structure while mntning its core content.
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Hong Kongs International Financial Hub Role One Country Two Systems Economic Impact HSBCs Commitment to Global Connectivity Financial Centers Resilience Amid Challenges Capital and Talent Hub Dynamics Explained Trust in HSBCs Decades of Business Practices