Li Jiachao: Hong Kong will cooperate with exchanges in the Greater Bay Area to explore new businesses such as bulk commodity trading and carbon trading

The Chief Executive of the Hong Kong Special Administrative Region, John Lee, delivered the 2025 Policy Address at the Legislative Council. John Lee stated that Hong Kong will collaborate with exchanges in the Greater Bay Area to explore new businesses such as commodity trading and carbon trading. The Hong Kong Exchanges and Clearing (HKEX) is the controlling shareholder of the Qianhai Joint Trading Center and will continue to strengthen cooperation between the two regions to develop a good offshore soybean spot market. The HKEX carbon market Core Climate will also conduct cross-border trading settlement research experiments with the pilot carbon market in the Greater Bay Area