CoinWorld News reports that Hong Kong SAR Financial Secretary Paul Chan Mo-po published a blog on the 17th saying that recent objective recognition of Hong Kong by different international organizations reflects that the outside world has a better understanding of Hong Kong’s latest developments and future potential. He added that these acknowledgments not only show that Hong Kong’s economic fundamentals are sound and prospects are positive, but also help attract more international long-term capital to invest in Hong Kong. Chan Mo-po said that the International Monetary Fund has recently released a latest report, affirming Hong Kong’s role as an international financial center and a “super connector,” and recognizing policy measures, including the development of the Northern Metropolis, which will help Hong Kong develop innovation and technology and high value-added services, supporting economic growth and the transition of the economic structure. International rating agencies Moody’s and Fitch also confirmed Hong Kong’s credit rating and a “stable” outlook.

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