The latest data of World Federation of Exchanges shows that Hong Kong, with its total market capitalization exceeding 5.4 trillion HK dollars, has nudged into the world's top 10 stock markets , said Frederick Ma Si-hang��Secretary for Financial Services and the Treasury of the HKSAR government

In his column published on June 28, Ma stated: "Hong Kong has scored distinguished achievements in the development of various fields such as its financial market and tourism and are endowed with a lot of advantages in the Asian region. These are all prides of Hong Kong people."

Many overseas Chinese in Indonesia he met during his visit in South-east Asian areas told Ma that Hong Kong was an ideal place for them to invest in for make home. Some bankers in that country also saw more business possibilities from Hong Kong's plan of investment and immigration.

"Hong Kong has remarkable performance in various fields. However, we should never be complacent about what have been achieved. Instead, we should make persistent efforts on improving Hong Kong's competitiveness to strengthen its status as an international financial hub and world metropolitan in Asia", said Ma.

By People's Daily Online