Christopher Hui Ching-yu

Hong Kong's effort to attract Southeast Asian companies has led to a $1.5 billion Malaysian Islamic bond listing, dual-listed on Bursa Malaysia and Hong Kong Exchanges and Clearing (HKEX). The bond offering marks the first result of a visit by Secretary for Financial Services and the Treasury Christopher Hui Ching-yu to Kuala Lumpur last week.

Hong Kong's efforts to attract Southeast Asian markets have resulted in a US$1.5 billion Islamic bond listing by the Malaysian government, dual-listed on Bursa Malaysia and Hong Kong Exchanges and Clearing (HKEX). This milestone follows a visit by Hong Kong's Secretary for Financial Services and the Treasury Christopher Hui Ching-yu to Kuala Lumpur.

The Hong Kong government has introduced an action plan featuring broader tax incentives and a pre-approval mechanism to attract companies to establish corporate treasury centres in the city. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu highlighted the initiative as a strategy to solidify Hong Kong's position as a global corporate treasury hub.

Hong Kong's treasury minister Christopher Hui Ching-yu stated that gold can serve as a bridge between traditional and digital finance, emphasizing Hong Kong's commitment to fostering digital asset market growth. The government decided against creating a separate regulatory authority for digital assets, citing the convergence between conventional and innovative financial sectors.