The European Union remains open to capital from Hong Kong and mainland China despite pursuing a de-risking strategy. EU Commissioner Piotr Serafin highlighted Hong Kong's role as a potential financial bridge to Asia for collaboration, particularly in green bonds.

The European Union will remain open to capital from mainland China and Hong Kong even as the bloc pursues a “de-risking” strategy in certain key sectors, its budget chief has said on his first visit to the city. Piotr Serafin, the European Commissioner for Budget, Anti-Fraud and Public Administration, also said that the EU was keen to explore opportunities for financial collaboration with Hong Kong in areas such as green bonds, describing the city as a “bridge” to Asia. It is understood...