Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing announced plans to boost financial literacy education to strengthen investor resilience and market sustainability at an event supporting World Investor Week 2024. A survey showed 58% of Hong Kong adults invest, with the government collecting HKD7.3bn in stamp duties over 10 trading days. The event, co-hosted by the Investor and Financial Education Council (IFEC) and HKEX, aims to encourage young people to use IFEC resources for managing finances. Securities and Futures Commission chairman Tim Lui emphasised the need for investor self-education on risks. The Shanghai-Hong Kong Stock Connect celebrates its 10th anniversary, with net inflows exceeding CNY2.6tr. The government expects 30,000 participants at FinTech Week, running from October 28 to November 1.
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