Exchange Square Complex News Today

Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022.…

Hong Kong’s bridging role to channel investment from Gulf countries seeking opportunities in the Chinese mainland is valued by officials and business leaders in Saudi Arabia and Bahrain, the Hong Kong Special Administrative Region (HKSAR)’s financial chief Paul Chan Mo-po wrote in his blog on Sunday.

John Lee Ka-chiu, chief executive of the Hong Kong Special Administrative Region (HKSAR), pledged to comprehensively enhance the competitiveness of Hong Kongs financial services, its core industry, exploring more yuan-denominated investment tools, deeper market integration with the Chinese mainland, and easier listing rules for tech companies, in his maiden policy address on Wednesday.

Asian stocks fought back Wednesday to recover some of the losses suffered at the start of the week, while oil also bounced from a rout, though recession alarms continue to ring loud.