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HK Is HSBC's Key Mkt, CEO Elhedery Says, Confident in HK's Economic Outlook
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HSBC HOLDINGS (00005.HK) CEO Georges Elhedery expressed unwavering confidence in Hong Kong's economic outlook during an interview with Xinhua News Agency, describing Hong Kong as HSBC's key market. Elhedery remarked that Hong Kong, as a "super connector" in wealth management, is the cornerstone of its role as a financial center, as Hong Kong's unique advantage lies in its open channel to Mainland China. Through mutual market access, Hong Kong provides the most attractive and comprehensive channel for the world to access the second-largest economy, and also builds a bridge for Mainland capital to reach the world. He predicted that Hong Kong may become the world's largest cross-border wealth management center by 2030, and that more and more international and Mainland clients are choosing Hong Kong as their asset allocation platform. AASTOCKS Financial News Website: www.aastocks.com |
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