Political development will not affect investor confidence, Hong Kong's Financial Secretary Henry Tang said Thursday, adding that investors are more concerned about market returns, according to a government press release.

This was Tang's response to Moody's annual report on Hong Kong, which said over the next several years political developments could potentially affect confidence.

Tang said during his visit to Jilin province in China's mainland that this is an annual report, not an updated report, andits viewpoints are no different from what has been said before.

He said if read carefully, the report is very positive about Hong Kong's economic recovery.

Editor: Donald