Hong Kong's financial industry has just opened, and the industry is expecting a "swift and efficient" performance.
With the sound of loud gongs, the Hong Kong Stock Exchange ushered in the first trading day of the Lunar Year of the Horse on the 20th. On the same day, the Hong Kong Gold Exchange also held a Chinese New Year market opening ceremony. Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, stated at the opening ceremony that during the Lunar Year of the Snake, the Hang Seng Index rose by nearly 6500 points, a 32% increase. IPO and subsequent fundraising amounts have also shown strong performance, with significant improvement in stock market liquidity and international capital sources. Paul Chan holds a cautiously optimistic attitude towards the market situation in the Year of the Horse. He believes that although the external environment remains complex and variable this year, as long as Hong Kong maintains an open and fair market environment, continues to promote market reforms, improves market infrastructure and development, effectively manages and responds to various risks, the market will be able to overcome obstacles and move forward like a spirited horse.
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