First Gold and Xinhua News Agency Jointly Organized the Hong Kong and Mainland China Capital Market Forum “SZ-HK Stock Connect Insights”
Following the “Gold and
Currency Summit”, First Gold and Xinhua News Agency collaborated again
to organize the Hong Kong and Mainland China Capital Market Forum “SZ-HK Stock Connect Insights”, a large forum which took place at Renaissance Hong Kong Harbour View Hotel on 10 November 2016. The
launch of “Shenzhen-Hong Kong Stock Connect”, which is just around the corner, that will give more opportunities on financial collaboration between mainland
China and Hong Kong capital
markets, as well as to strengthen and enhance the role of Hong Kong as the international financial
centre.
Assembling a celebrity-studded cast, this forum
gathered more than 300 Hong Kong government officials, famous figures in
financial sector, industry experts and scholars. Unprecedentedly, First Gold
and Xinhua News Agency specially invited Mr. Leung Chun-ying, Chief Executive
of the HKSAR, as the officiating guest. Other important guests included: Mr. Charles Li (CEO of Hong Kong Exchanges and Clearing
Limited), Mr. Ju Mengjun (President of Xinhua News Agency Asia-Pacific Bureau
and Hong Kong Bureau) and Mr. Nicholas Ng (CEO of Xinhua Finance Agency) and the team of First Gold. They
all gave full support to the long-term
development of "SZ-HK Stock Connect" in the event.
Mr. Leung Chun-ying, Mr. Ju Mengjun,
Mr. Cai E-Sheng (Former Vice Chairman of China Banking Regulatory
Commission), Mr. Nicholas Ng and First Gold representative presided over the launching
ceremony together to raise the curtain for the forum. Mr. Leung Chun-ying and
Mr. Ju Mengjun delivered their welcome speeches respectively, and pointed out
that "SZ-HK Stock Connect" will further expand the investment scopes
of both mainland China and Hong Kong. Investors were expected to get
appropriate investment directions through this forum. Given the large number of
famous political and public figures under one roof, many media flocked to report this grand event.
There were in-depth panel discussions based on three main topics in the different session: “The influence of Shenzhen-Hong Kong
Stock Connection and Shanghai-Hong Kong Stock Connect; Capital connection
between mainland China and Hong Kong”, “Capital
market openness of China and RMB internationalization”, and “Internet Finance and Capital Market Innovation”. Mr.
Charles Li and Mr. Tan Yueheng (Chairman of BOCOM
International, Chinese Securities Association of Hong Kong) gave keynote speeches respectively on the connection between mainland China and Hong
Kong capital markets.
In the panel discussion of “Capital market openness of China and RMB internationalization”, First Goldwas the moderator in the seminar, along with panelists included: Mr. Tse Yung-hoi (Chairman of BOCI-Prudential Asset
Management Limited), Ms. Ding Chen (President of Chinese Asset Management
Association of Hong Kong), Mr. Lu Ting (Chief Economist of Huatai Securities),
and Mr. Yang Ping (Chief Investment Officer of China Everbright Limited). The discussion was well conducted by First Gold, the panelists had a lively discussion and interaction, putting forward some valuable
insights and analyses for various investment areas like funds,
insurance, real estate and gold, etc. under the
volatile economic environment. Providing effective investment channel to those overseas RMB holders, and optimizing the
bilateral flowing mechanism between RMB offshore market and onshore market, the
launching of “SZ-HK Stock Connect” and “SH-HK Stock Connect” had become
positive driving force for RMB internationalization.
“SH-HK Stock Connect” and “SZ-HK Stock
Connect” would create dramatic impacts on mainland
China and Hong Kong capital markets. Throughout, those remarkable analysis and insights was
being made by all the guest speakers on the
prospects and opportunities that driven by "SZ-HK Stock
Connect" have established an important cornerstone for this forthcoming
mechanism.