To The Moon

Yu Weiwen, president of the HKMA, meets leaders in the banking and financial circles in New York today (NY 12th). After staying in New York, he will go to Washington to attend the Spring Meeting of the World Bank Group and the International Monetary Fund. He said at a luncheon co-organized by the Hong Kong Economic and Trade Office in New York and the National Committee of the U.S.-China Relations that Hong Kong's banking and financial system$HSBC HOLDINGS(00005)$ is stable and tough, and is ready to meet various challenges. 

Hong Kong is linked to the US dollar. Monetary policy has provided the most critical stability for Hong Kong's opening and export-oriented economy. The government has also launched different measures to drive domestic demand through consumption coupons and small and medium-sized enterprises. Hong Kong's economy is entering a recovery track. 

Yu Weiwen and the guests discussed how to seize the future opportunities. He pointed out that Hong Kong plays an increasingly important role in the two-way opening up of the mainland financial market, and expands the southbound scope of the Shanghai-Shenzhen-Hong Kong Stock Connect to include foreign countries that mainly list in Hong Kong. 

The company $Trip.com Group Limited(TCOM)$ and the inclusion of more mainland companies into the northbound transaction are two cases. Hong Kong is looking forward to working closely with partners around the world and actively using these development spaces. Yu Weiwen also emphasized to the participants that Hong Kong has fully recurred I.e $HSI(HSI)$ , and welcomes global tourists to Hong Kong to experience the energy and vitality of Hong Kong. $SINGAPORE AIRLINES LTD(C6L.SI)$ 

Orens, the chairman of the National Committee who presided over the discussion, emphasized that the HKMA has far-reaching interviews with Americans this time, and directly promotes the constructive exchanges between Hong Kong and the United States. $Nasdaq100 Bull 3X ETF(TQQQ)$ 

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