close
close

Apre-salomemanzo

Breaking: Beyond Headlines!

Top Chinese regulators promise more market reforms, with Hong Kong as pivot
aecifo

Top Chinese regulators promise more market reforms, with Hong Kong as pivot

China will soon introduce a new round of reforms to further open its markets, and Hong Kong will continue to play an important role in connecting international investors to these markets, according to China’s top market regulators and stock exchange executives.

“The China Securities Regulatory Commission (CSRC) will continue to work closely with Hong Kong authorities and regulators to promote programs that will benefit both Hong Kong and the mainland market, in order to create win-win situations. -win,” said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC). CSRC, said in a pre-recorded video at a summit in Hong Kong on Monday.

In the future, China will introduce more measures to align with international standards and market practices, and Hong Kong will continue to play a central role in the process of attracting international investors to the mainland market, he said. he declared.

The CSRC will continue to support Hong Kong in expanding the Stock Connect program, as well as encourage new stock listings, Li Ming, vice-chairman of the CSRC, said at the summit.

Hundreds of Hong Kong officials, regulators and financiers are attending the summit, which marks the 10th anniversary of the Stock Connect systemon Exchange Square in Central, headquarters of the city’s stock exchange operator, Hong Kong Exchanges and Clearing (HKEX).
In April, the CSRC said it would allow mainland investors to exchange stocks in yuanand add more exchange traded funds to the Connect program, and will also allow more large mainland companies to list in Hong Kong.