How Hong Kong can become a green finance hub

Hong Kong needs to clearly define the activities that could help conserve its environment to drive investments into green bonds and better compete with its regional peers in building a green finance hub, say market experts. The city’s ambition to become a hub for green finance was most recently reiterated by Financial Secretary Paul Chan in his budget speech last month. The Hong Kong government will issue HK$66 billion ($8.5 billion) in green bonds in the coming five years, as par…