A report from World Stock Market Association shows that Hong Kong is among the world top 10 stock markets with a total stock value of 5,400 billion Hong Kong dollars, or nearly US$667 billion.

A senior financial official in Hong Kong said that Hong Kong has unbeatable advantages in its financial market and tourism industry in Asia.

But he also pointed out that Hong Kong shouldn't become complacent.

He said it has to continue to improve its competitiveness and strengthen its status as an international financial center and an international metropolis.

(CRI.com June 30, 2004)