TechFlow, April 7 — According to Jinshi Data, Financial Secretary of the Hong Kong Special Administrative Region Paul Chan said that the U.S. imposition of additional tariffs is bullying and irrational, violating World Trade Organization rules. He noted that Hong Kong's financial system remains robust, with smooth stock market operations and no abnormal activities causing systemic impacts on the stock market. The current level of volatility does not require extreme measures.
The SAR government will collaborate with multiple departments to implement round-the-clock, coordinated, cross-market surveillance to strictly prevent financial risks. In addition, the SAR government will continue monitoring market changes and providing ongoing support to local SMEs.
Paul Chan emphasized that the HKSAR government will uphold the free port status and implement a free trade policy in accordance with the Basic Law, and Hong Kong’s commitment to free trade remains unwavering.
