London ETO Promotes Hong Kong's Value Proposition at London's Luncheon, Highlighting The City's Innovation and Economic Growth

London ETO promotes Hong Kong as leading international financial centre

The Hong Kong Economic and Trade Office in London, together with Invest Hong Kong and the Hong Kong Trade Development Council, under the Economic and Trade Express platform, supported the Hong Kong Association in hosting a luncheon in London on June 2 (London time) to promote Hong Kong's value proposition as a leading international financial centre and foster financial collaboration with the United Kingdom (UK). The Chief Executive of the Hong Kong Monetary Authority, Mr Eddie Yue, was the keynote speaker.

In his address, Mr Yue highlighted Hong Kong's latest developments in financial innovation and sustainable finance, noting that the city's strong rebound has continued into this year, with vibrant capital inflows and broad-based first-quarter economic growth. Against the backdrop of global businesses and investors progressively seeking greater diversification to mitigate risks, he emphasised Hong Kong's role as a "super-connector" and the opportunities this presents for deepening Hong Kong-UK financial collaboration.

Following his speech, Mr Yue took questions from the audience and exchanged views on topics including the Linked Exchange Rate System and the modernisation of regulatory regimes.

The event was attended by over 90 participants, including government officials and senior representatives from the financial, business and legal sectors.

The Hong Kong Economic and Trade Office in London (London ETO) supported the Hong Kong Association in hosting a luncheon in London on June 2 (London time) to promote Hong Kong’s position as an international financial centre. Photo shows the Chief Executive of the Hong Kong Monetary Authority, Mr Eddie Yue (back row, fourth right); Sheriff and Deputy of the City of London, Mr Keith Bottomley (back row, third left); the Director-General of the London ETO, Miss Fiona Chau (front row, third right); the Director of UK, Nordics and Ireland of the Hong Kong Trade Development Council, Ms Joey Ko (front row, first left); the Head of Business and Talent Attraction/Investment Promotion of Invest Hong Kong London Office, Ms Daisy Ip (front row, second right), with members of the Hong Kong Association committee. Source: HKSAR Government Press Releases

The Hong Kong Economic and Trade Office in London supported the Hong Kong Association in hosting a luncheon in London on June 2 (London time) to promote Hong Kong’s position as an international financial centre. The luncheon was attended by over 90 participants, including government officials and senior representatives from the financial, business and legal sectors. Source: HKSAR Government Press Releases

The Hong Kong Economic and Trade Office in London supported the Hong Kong Association in hosting a luncheon in London on June 2 (London time) to promote Hong Kong's position as an international financial centre. Photo shows the Chief Executive of the Hong Kong Monetary Authority, Mr Eddie Yue, delivering a keynote speech at the luncheon. Source: HKSAR Government Press Releases

Labour Department completes special inspection exercise targeting contractor with unsatisfactory safety performance

A spokesman for the Labour Department (LD) said today (June 5) that the LD completed a two-week surprise special inspection exercise in May, targeting construction sites managed by a contractor with persistently unsatisfactory occupational safety and health (OSH) performance to deter unsafe work practices and protect the work safety of workers.

During the special inspection exercise, the LD inspected 62 construction sites, with 75 written warnings and 154 improvement notices issued; as well as 41 prosecutions initiated, which mainly involved violations such as unsafe lifting operations, unsafe working at height, and failure to provide personal protective equipment.

The LD will continue to follow up on the improvement progress of the construction sites with violations and will deal with unsafe working conditions in accordance with the law.

The LD reiterated that contractors must strictly implement all site safety measures to ensure the OSH of employees. Under the general duty provisions of the Occupational Safety and Health Ordinance (Cap. 509), employers are obligated to provide safe working environments, plant and systems of work for their employees. Those who contravene the relevant legislation are liable to a maximum fine of $10 million and imprisonment for two years.

Source: AI-found images