Chinese firms’ green-tech expansion hinges on Hong Kong, senior bankers say

Offshore yuan liquidity makes city a ‘superconnector’, but finding projects with strong returns is now the challenge, senior bankers say Hong Kong is poised to play a bigger role in financing Chinese green-technology companies’ expansion into emerging markets, as geopolitical fragmentation and high funding costs reshape how capital is deployed in the global energy transition, according to senior banking executives. The city’s deep sustainable-finance market and offshore yuan liquidity could help channel capital into green and climate-resilience projects across developing economies, executives from Bank of China (Hong Kong), DBS, HSBC and Standard Chartered said during a panel discussion at a forum on Monday. The annual forum organised by the Hong Kong Green Finance Association and the Greater Bay Area Green Finance Alliance brought together policymakers, financiers and industry leaders to discuss sustainable investment amid rising geopolitical, trade and economic uncertainty.

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