News Snapshot:
Hong Kong needs to embrace new developments in the global financial markets with an open attitude and take risks to ensure its position as a leading global financial centre, according to a report from a pro-Beijing think tank. Internationalisation of the yuan and sustainable investments are among the many opportunities the city can target, according to the Hong Kong: The International Financial Center for the Future report released by the One Country Two Systems Research Institute and Haitong International Securities on Thursday. "Mainland China has high hopes for the development of Hong Kong's financial industry," Peter Lee Ka-kit, chairman of...
