No.6  December, 2011  
  The old meets the new

It was an absolute pleasure seeing some old faces amongst the many new faces at the Media Drinks on day 3 of my new role with HKETO. The drinks were held at the beautiful fifth level function room at Hong Kong House and was a fitting venue for the bulging number of attendees.

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  Hong Kong is the leading centre for offshore Renminbi business

Hong Kong is now hosting the largest pool of RMB liquidity outside mainland China according to Steve Barclay, Director of the Hong Kong Economic and Trade Office (HKETO), speaking at the Off-shore Renminbi Seminar at Hong Kong House (7 November).

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  Visit to New Zealand

At the end of November, I undertook my 9th visit to New Zealand since I was appointed Director of the HKETO in July 2010. I was accompanied for the week-long trip by Ms Ilona Cipe, who recently joined the HKETO as the Head of Public Relations.

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  HK tops financial development index

Hong Kong has topped the World Economic Forum's Financial Development Index for the first time, up from fourth in 2010.

According to the WEF Financial Development Index released on 13 December, Hong Kong has overtaken the US and the UK to take the top spot with a score of 5.16 on a scale of 1-7. Singapore ranks fourth, while Mainland China ranks 19th, up from 22nd.
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