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The following is issued on behalf of the Advisory Committee on Human Resources Development in the Financial Services Sector:
Twenty-two Hong Kong post-secondary students, led by the Chairman of the Advisory Committee on Human Resources Development in the Financial Services Sector, Mr Edward Kwan, started their visit to Shanghai today (June 12) under the Pilot Scheme for Cross-border Study Tour for Post-secondary Financial Talents (the Scheme).
The students visited the Shanghai Municipal Government Financial Services Office this morning and were received by the Director General of the Shanghai Municipal Government Financial Services Office, Mr Fang Xinghai. The meeting helped to broaden the students' horizons and enhanced their understanding of the financial developments in the Mainland.
Mr Fang explained to the students how Shanghai sustained its competitiveness in the financial services sector. He also encouraged them to equip themselves so that they could grasp the opportunities brought about by the financial developments in Shanghai. The Shanghai Municipal Government Financial Services Office and the Shanghai Municipal Hong Kong and Macao Affairs Office also jointly hosted a luncheon for the students. The Deputy Director-General of Shanghai Municipal Government Financial Services Office, Mr Shi Qi, and Deputy Director-General of Shanghai Municipal Hong Kong and Macao Affairs Office, Ms Zhang Yixing, were also present.
The participating students, who come from nine universities in Hong Kong, will stay in Shanghai for six weeks. Later this week, they will visit the People's Bank of China, the China Banking Regulatory Commission, the China Insurance Regulatory Commission, the Shanghai Stock Exchange and the Shanghai Futures Exchange, and will also participate in interactive activities with Shanghai students.
Following the visit programme, the students will join a four-week work attachment based at one of 11 Shanghai financial enterprises, including AIA, Bank of East Asia, Citibank, DBS, Deloitte, Ernst & Young, Guotai Junan, Hang Seng Bank, HSBC, PwC and Standard Chartered Bank.
The Scheme is a bilateral exchange programme which aims to strengthen their understanding of the financial systems and markets in the two cities. A group of Shanghai post-secondary financial students will come to Hong Kong under the Scheme in mid-July. They will visit Hong Kong's financial institutions and universities, and take part in interflow and visit activities to increase their understanding of the local financial system and market.
Under the Memorandum of Understanding Concerning Advancing Hong Kong-Shanghai Financial Co-operation signed by Hong Kong and Shanghai in 2010, the Financial Services and the Treasury Bureau, with the support of the Shanghai Municipal Government Financial Services Office, launched the inaugural tour under the Scheme this year. The Scheme is organised by the Advisory Committee on Human Resources Development in the Financial Services Sector, supported by the Hong Kong Federation of Youth Groups and involves active participation from financial institutions and universities.
Ends/Tuesday, June 12, 2012
Issued at HKT 16:18
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