Senior official: Financial risk remains controllable in Hong Kong

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HONG KONG: Financial Secretary of China's Hong Kong Special Administrative Region government Paul Chan said Sunday (Apr 26) that the financial risk remains controllable in Hong Kong despite the double blow from the violent incidents last year and the recent Covid-19 (coronavirus) epidemic.

Hong Kong's financial markets have been performing normally despite substantial fluctuations, Chan said in an online article.

The influx of funds has totaled about 1 trillion Hong Kong dollars in Hong Kong since the global financial crisis in 2008, and only less than 140 billion Hong Kong dollars of which have been transferred out of Hong Kong, Chan said.

 

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