Beijing pledges to open up markets, support HK as global hub

Beijing pledges to open up markets, support HK as global hub

FILE PHOTO: A security guard walks past a directory board of Hong Kong Monetary Authority (HKMA) in Hong Kong December 20, 2012. REUTERS/Tyrone Siu/File Photo

Beijing told top Wall Street executives on Tuesday that it will move ahead with capital market reforms and in the opening up of its financial sector for foreigners, while supporting Hong Kong in bolstering its credentials as a global financial hub.