The Hong Kong government is monitoring the currency, equities, figures, and derivative markets around the clock to ensure stability amid the uncertainty caused by tariffs imposed by US President Donald Trump, The Standard reported Monday.
The city's financial system remains sound and liquid despite global unrest, and the government will remain vigilant in coordination with regulators, Under Secretary for Financial Services and the Treasury Joseph Chan Ho-lim reportedly told a Legislative Council panel.
Chan said the city is also proposing to raise position limits for major index derivatives and digitizing the public subscription process to make markets more competitive, The Standard wrote.
Hong Kong officials will submit the proposal to the LegCo by the middle of 2025, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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