Hong Kong Financial Secretary: Prices of some digital assets fluctuate significantly, and residents in the Greater Bay Area are interested in diversified asset allocation

Hong Kong Financial Secretary Paul Chan Mo-po published an essay titled "Strengthening Ties with Traditional Markets," in which he noted that the annual global economic and market outlook is fraught with uncertainty, raising concerns about the risks facing international markets in the coming year. Despite the overall positive outlook for global financial markets this year, the record high price of international gold and the significant price fluctuations of some digital assets suggest that global markets are increasing their allocation to assets other than the US dollar to mitigate risk. The booming Guangdong-Hong Kong-Macao Greater Bay Area presents an opportunity not to be missed by global investors. The region's strong interest in diversified asset allocation is one of the key drivers of Hong Kong's development into the world's largest cross-border asset management center.