Vice Chairman of the China Securities Regulatory Commission Li Ming: Will further deepen pragmatic cooperation between the mainland and Hong Kong capital markets.

According to the Wisdom Financial APP, on November 4th, the China Securities Regulatory Commission issued a document, in which the Vice Chairman of the China Securities Regulatory Commission, Li Ming, delivered a speech at the 4th International Financial Leaders Investment Summit. In the speech, it was mentioned that they will further deepen practical cooperation between the mainland and Hong Kong capital markets. They will focus on improving the quality and efficiency of overseas listing filings, expanding the scope of Shanghai-Hong Kong Stock Connect, supporting the inclusion of RMB stock trading counters, REITS and other products in the Hong Kong stock connect, actively supporting Hong Kong in launching national bond futures, enriching Hong Kong offshore RMB risk management tools, firmly supporting Hong Kong in consolidating its position as an international financial center, and promoting the formation of a new pattern of coordinated development and benign interaction between onshore and offshore markets.