Hang Seng Index erases over 1% loss.

HK's Paul Chan says Hong Kong will increase funding support for hosting large international and tourism events, including monthly fireworks and drone performances.
In terms of the stock market, reforms of the Hong Kong GEM (Growth Enterprise Market) are being promoted. Measures such as the establishment of a share repurchase mechanism for inventory and the opening of the market during extreme weather conditions will be implemented by mid-year.