John Lee urges Kazakhstan to use Hong Kong advantages

Hong Kong Chief Executive John Lee Ka-chiu met Kazakh President Kassym-Jomart Tokayev on Monday and urged greater use of the city as a financial hub.

John Lee began his five-day trip to Kazakhstan and Uzbekistan by meeting President Kassym-Jomart Tokayev and Deputy Prime Minister Serik Zhumangarin.

He encouraged Kazakh enterprises to use Hong Kong for listing, bond issuance and project financing to connect with global investors.

A government statement quoted Lee saying Hong Kong’s services would help Kazakh firms enter the Chinese mainland and Asian markets while enabling Hong Kong and mainland companies to expand into Central Asia.

Lee attended a dinner hosted by Prime Minister Olzhas Bektenov. The delegation includes 40 Hong Kong representatives and about 30 mainland entrepreneurs.

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Hong Kong Chief Executive signing trade agreements with Central Asian nations in a formal ceremony.
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Hong Kong delegation signs deals with Central Asian nations

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Chief Executive John Lee Ka-chiu led a trade delegation that signed 96 agreements valued at over 1.65 billion US dollars during visits to Kazakhstan and Uzbekistan. The trip concluded on June 6 with cooperation in economy, finance, aviation and culture. Uzbekistan agreed to open a consulate general in Hong Kong.

Hong Kong has signed 96 agreements worth US$1.65 billion with Kazakhstan and Uzbekistan during Chief Executive John Lee Ka-chiu’s visit to Central Asia.

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Beijing’s top representative in Hong Kong expressed confidence the city can achieve greater development through deeper integration with the mainland.

Hong Kong financial secretary Paul Chan Mo-po said authorities are expected to roll out measures next month to strengthen the city's role as an offshore yuan hub and increase the number of listed firms trading stocks in renminbi.

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Financial Secretary Paul Chan Mo-po reports that French investors are warming to Hong Kong again. The shift stems from the city’s strong market performance and an improved geopolitical climate, particularly after the recent summit between US President Donald Trump and Chinese President Xi Jinping.

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