The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan Mo-po, stated in the new fiscal budget on the 28th that in the past year, Hong Kong has made good progress in developing the stock market. Paul Chan: We are studying measures to improve Hong Kong’s listing mechanism and improve market efficiency.
He said the SAR government is fully implementing a number of recommendations put forward by the Task Force on Promoting Stock Market Liquidity in October last year. The Hong Kong Stock Exchange has solicited market opinions on establishing a stock repurchase share mechanism.