FS engages in meetings and exchange activities in New York (with photos/video)
******************************************************************************
At the luncheon co-hosted by NCUSCR and HKETONY and chaired by NCUSCR President Mr Stephen Orlins, Mr Chan was joined by over a dozen prominent leaders from the U.S. financial, investment, pharmaceutical, creative industries, and think tank sectors.
During the luncheon, Mr Chan shared with the participants the latest developments in Hong Kong's economy and engaged in in-depth discussions. He highlighted the city's strategies to enhance the financial market, innovation and technology, development and regional supply chain connectivity. He also elaborated on Hong Kong's proactive efforts in attracting enterprises and global talent, attracting investment, developing the Northern Metropolis, and fostering industrial collaboration within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Mr Chan emphasised that Hong Kong welcomes US enterprises and professionals to pursue opportunities in the city and to leverage Hong Kong as a gateway to access the Chinese Mainland and broader Asian markets, thereby seizing the current wave of growth opportunities.
Mr Chan reiterated during the luncheon that the "one country, two systems" principle is an arrangement for the long term, and Hong Kong's core strengths — including its status as a free port, adherence to common law and rule of law, openness, diversity and high level of internationalisation — remain unchanged. In response to questions, Mr Chan said despite the recent signs of escalating trade tensions, Hong Kong would firmly uphold its status as a free port and continue to implement free, open and predictable trade policies and practices.
In the afternoon, Mr Chan participated in a roundtable discussion with key US funds and asset management representatives, during which he presented Hong Kong's economic and financial outlook. He highlighted opportunities in the financial market, including initial public offerings and follow-on fund raising, fixed income and currency markets, private equity, asset and wealth management, green finance, stablecoins and digital assets. He pointed out that Hong Kong's asset markets are showing an encouraging momentum. The stock market has seen a significant upturn, driven by investors' confidence in the Chinese Mainland's technological development and increased capital allocations. Meanwhile, the residential property market is showing signs of stabilisation. As a "super connector" and "super value-adder" between the Chinese Mainland and the world, Hong Kong will continue to offer attractive investment opportunities for investors from the US and around the globe.
Earlier in the day, Mr Chan visited the UN and met with Permanent Representative of the People's Republic of China to the UN, Ambassador Fu Cong. Mr Chan expressed his gratitude for the strong support that the Central Government has consistently provided to Hong Kong across various domains. In particular, the Ministry of Foreign Affairs' efforts in facilitating the participation of young Hong Kong civil servants in the UN Junior Professional Officer Programme, which allows them to work within the UN system as Chinese nationals, are much appreciated. This has provided young professionals with valuable international exposure and experience. Mr Chan stated that, with the Central Government's support, the Hong Kong Special Administrative Region Government will continue to nominate and support young civil servants in participating in such programmes.
Mr Chan also paid a courtesy call on the Consul-General of the People's Republic of China in New York, Ambassador Chen Li. They exchanged views on China-US relations, Hong Kong's development, and related topics.
In the morning, Mr Chan hosted a breakfast meeting with a group of young professionals working at the UN. Hailing from ten countries and regions, they shared their experiences of working at the UN. Mr Chan briefed them on Hong Kong's latest developments and extended a warm invitation for them to visit the city and explore career development opportunities in Hong Kong.
Ends/Thursday, October 16, 2025
Issued at HKT 9:00
Issued at HKT 9:00
NNNN