S&P promotes Hong Kong as China's world city.

At the ten year anniversary of its office opening, S&P reiterated Hong Kong''s importance to China.

Standard and PoorÆs rang in 2005 by celebrating theáten year anniversary of its Hong Kong office opening and suggesting that the Territory is in a good position to become the international finance hub for China. The commemorative gala brought together former colleagues, regional team members andáassociates of the TerritoryÆs financial community, including the Secretary of the Finance Services and Treasury Bureau, Frederick Ma.

The year marks something of a landmark for the ratings agency in Asia, with office opening anniversaries occurring not only in Hong Kong, but also in its Tokyo 20 years, Melbourne 15 years, Seoul five years and Beijing one year operations.

Ma...

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