Hong Kong Singapore Business Association Chinese New Year Networking Luncheon Talk in Singapore
February 7, 2020
With the support of the Hong Kong Economic and Trade Office (HKETO) in Singapore, the Hong Kong Singapore Business Association (HSBA) held its Chinese New Year Networking Luncheon Talk on February 7. Apart from celebrating the Chinese New Year with members from the Singapore business sector, HSBA also invited Mr Daniel Murray, Deputy CIO and Global Head of Research of EFG Asset Management, to share his insights about the world economic developments in 2020.
The Director of the HKETO in Singapore, Mr Wong Chun To, also took the opportunity to update participants on Hong Kong's latest situation as we ushered in the Year of the Rat.
Mr Wong assured friends from the business circle in Singapore that Hong Kong's fundamentals remained strong despite the social unrest last year. The city is still recognised as a competitive financial hub with free movement of capital and information, a simple tax system, a sound regulatory mechanism, the rule of law and a wide array of professional services. Not only did Hong Kong top the list in raising IPO funds in 2019, the city will continue to be a perfect springboard for foreign enterprises to tap in the massive Mainland market. On concerns about the COVID-19 pandemic, Mr Wong outlined the multi-pronged measures taken by the Hong Kong Government to contain the spread of the virus and protect the health of the community.