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Hong Kong Business Summit' 99
"Hong Kong, China : Into the Next Millennium"

2^nd December 1999

"The Role of Financial Services Industry in the Future Hong Kong Economy"

Speech By Mr Andrew Sheng
- Chairman Securities and Futures Commission

Hong Kong Portal for Financial Services

• Most liquid pool of risk capital in Asia

• International financial regulatory standards

• Low tax base, no capital gains tax, high disclosure environment, deep professional and retail base of investors

• eTrading in financial services will accelerate globally & in Asia

• Hong Kong is gearing up to provide eBanking & eTrading
  

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