HKMA, SFC home in on potential of carbon connect to China
Hong Kong’s Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing (HKEX) will soon unveil their initial study about transforming the city into a carbon trading hub that connects China with the rest of the world.
Hong Kong is well positioned to become a carbon trading hub catering to global sustainability and China’s carbon neutrality push, regulators and green finance experts from both jurisdictions told the annual forum of the Hong Kong Green Finance Association on Tuesday.
They believe a carbon connect to China could become a “profitable development area” for global investors.
A working group on green finance co-chaired by Hong Kong’s SFC and HKEX has kicked off a feasibility study o…
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