Secretary for Financial Services & the Treasury Prof KC Chan says the welcoming of the latest iBond issuance is due to an increase in people's knowledge of the product.
Speaking to the media today, Prof Chan said the warm response is not connected to the volatile stock market, and noted the interest rate and inflation are the determining factors of the iBond's attractiveness.
On comments the Central Government will withdraw its support after the recent incidents at the University of Hong Kong, Prof Chan said Beijing has been giving Hong Kong its fullest support, and financial policies have been designed to benefit both Hong Kong and the Mainland.