Hong Kong's Momentum Strong: Financial Secretary Chan

Financial Secretary Paul Chan reports that Hong Kong is experiencing strong economic momentum, marking its fastest first-quarter growth in five years alongside a hot IPO market. Despite a chill affecting banks due to Beijing's crackdown on illicit overseas investment, Chan asserts that the city will work to inspire the confidence of Chinese authorities regarding capital flows. These developments underscore the city's current financial trajectory and its strategic efforts to maintain stable relations with mainland China.