In a series discussing China’s Capital Connectors, UBS Securities’ chairwoman Janice Hu highlights Hong Kong’s role as a financial hub for China’s global ambitions, citing a surge in cross-border flows this year.

Hu emphasizes China’s openness for business with structured policy standards, positioning Hong Kong as a proving ground for financial innovation, exemplified by Jiaxin International Resources’ dual listing.

Hong Kong’s financial experiments, like dual-currency counters and digital asset frameworks, make it a key conduit for mainland capital and a testing ground for innovative initiatives not feasible onshore.

As China diversifies trade links towards the Belt and Road Initiative, Hong Kong’s strategic role in intraregional connectivity is underscored by its recent revival as a hub for Chinese companies and foreign investors flocking to Chinese ETFs.

Amidst a record-breaking market rally in mainland and Hong Kong stocks, UBS Securities, with a long-standing presence in China, sees the benefits of cross-border connectivity and maintaining trusted relationships with clients, partners, and regulators.

With Beijing’s stimulus measures and growing appeal of Chinese assets, trading activity under the Stock Connect program has surged, showcasing the benefits of Hong Kong’s role as a financial hub amidst China’s economic vitality rooted in its grassroots.

Looking ahead, UBS aims to be the go-to bank in the Greater Bay Area for wealth management, leveraging Hong Kong’s strengths in finance, technology, innovation, and talent to deepen connectivity within the region.

Read more at Yahoo Finance: Hong Kong strengthens role as China’s financial springboard, says UBS China chief