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Paul Chan Cautiously Optimistic on Mkt Condition of Yr of Snake
Recommend 15 Positive 29 Negative 4 |
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Hong Kong Financial Secretary Paul Chan, speaking at the market open ceremony of the Year of the Snake at HKEX (00388.HK), voiced his cautious optimism about the Year of the Snake, hailing a better year ahead. With the concerted efforts of the government, regulators and the industry, the attractiveness and competitiveness of Hong Kong's listing platform can be further fortified, and the development of Hong Kong's financial industry can climb to new heights, Chan foresaw. Hui Yik Bun, CEO of BRIGHT SMART (01428.HK), who was also at the same occasion, projected the stock market to be more bumpy in 2025. Coupled with US President Donald Trump's tariff policy, he assumed the foreign exchange market and the stock market will be under immense impact. Hong Kong bourse was expected to be relatively passive in this case, contingent on the mainland government's response to the situation and the performance of its economic data, said the CEO. AAStocks Financial News |
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