On May 18, Paul Chan Mo-po, the Financial Secretary of the Hong Kong SAR Government, stated in his latest blog that looking at the major global markets, capital is gradually being concentrated in leading innovative technology enterprises and future industries with strategic value. Chan said that international Capital Trend on one hand reveals investors' determinations and layouts regarding future development trends, while on the other hand serves as a thermometer of market sentiment, reflecting the market's assessment of the political and economic situation. Currently, the market is not only concerned about the impact of USA's unilateralism on the global economy and its influence on future growth prospects, but also worries about the long-term interest rate rising risks triggered by USA's government debt.
The Financial Secretary of the Hong Kong SAR Government, Paul Chan Mo-po: Global capital is being directed towards leading innovative technology enterprises and future industries.
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