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Lam bares measures to boost HK status

HONG KONG: Chief Executive of China's Hong Kong Special Administrative Region (HKSAR) Carrie Lam unveiled on Wednesday an array of new measures to reinforce Hong Kong's status as a global financial hub including improving the listing regime of the stock market and facilitating the cross-boundary flow of renminbi.

'Despite unprecedented challenges in the past two years, our financial system has remained stable and business has been vibrant,' Lam said when delivering the 2021 policy address at a Legislative Council meeting.