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Hong Kong must embrace change, says HKMA deputy chief



Darryl Chan, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), called for Hong Kong to adapt and innovate to maintain its status as a leading international financial centre. Speaking at the International Finance Forum's annual meeting, Chan highlighted the need to strengthen the city's financial system amid global challenges such as geopolitical tensions, technological advancements, and climate change.


He noted the symbolic significance of the 10th anniversary of the Stock Connect between Hong Kong and Shanghai, praising it as a milestone in financial collaboration with Mainland China. Chan emphasised expanding Hong Kong's financial markets and enhancing sectors where it has a competitive edge.

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