TechFlow, October 12 — Hong Kong's Financial Secretary Paul Chan published a column titled "Strengthening Ties with Traditional Markets," stating that uncertainties in the global economic and market outlook each year heighten concerns about international market risks. Despite an overall positive trend in global financial markets this year, record-breaking rises in international gold prices and significant volatility in certain digital asset prices indicate intensified efforts to diversify into non-U.S. dollar assets as a risk mitigation strategy. The thriving development of the Guangdong-Hong Kong-Macao Greater Bay Area presents an opportunity that global investors cannot afford to miss. Strong local interest in diversified asset allocation within the region is one of the key drivers propelling Hong Kong toward becoming the world's largest cross-border asset management center.
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