AllianzGI sees growing A-share appeal
2026-11-04 16:15 chinadaily.com.cn
Zou Lan, deputy governor of the People's Bank of China, the country's central bank, said that as the world's largest offshore renminbi business center, Hong Kong will gain significant opportunities from the opening-up of mainland financial markets and the currency's growing international use, particularly amid international investors' growing demand to diversify their investments.
"We will consolidate Hong Kong's position as an offshore renminbi business hub and support the development of a deeper pool of renminbi assets in the city," Zou said.
As part of efforts to strengthen capital market cooperation, Li Chao, vice-chairman of the China Securities Regulatory Commission, said that the regulator will further facilitate cross-border investment and financing, and accelerate work to include renminbi stock trading counters and real estate investment trusts in the Stock Connect programs. The programs link mainland stock exchanges with the Hong Kong Stock Exchange.
The commission will also support mainland companies seeking listings in Hong Kong as they expand overseas, he said.
Li Hongyan, deputy head of the State Administration of Foreign Exchange, said the country's foreign exchange regulator recently released two draft policy packages for public consultation — one aimed at better meeting the diverse settlement needs of foreign trade companies and the other at easing cross-border investment and financing.
The proposed measures will help companies participate more effectively in international trade and economic cooperation while giving fresh impetus to the development of the HKSAR as a global financial center, she said.
The three-day summit in Hong Kong brings together about 280 global financial leaders, including around 120 group chairpersons and chief executive officers.


