Svmuu News: Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, published a blog post on the 17th stating that the recent objective recognition of Hong Kong by various international institutions reflects the outside world’s growing understanding of Hong Kong’s latest developments and future potential. This recognition not only reflects Hong Kong’s sound economic fundamentals and positive outlook but also helps attract more long-term international capital to invest in Hong Kong. Paul Chan noted that the International Monetary Fund (IMF) recently released a report affirming Hong Kong’s role as an international financial center and a “super-connector.” The report also endorsed various policy measures, including the development of the Northern Metropolis, as contributing to the growth of innovation, technology, and high-value-added services, thereby supporting economic growth and structural transformation. International rating agencies Moody’s and Fitch have also affirmed Hong Kong’s credit ratings and “stable” outlook. (China News Network)