Go to main content
 
SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing (with photos)
******************************************************************************************
     The Secretary for Financial Services and the Treasury, Mr Christopher Hui, said during a side event at the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) today (June 25) that Hong Kong shares the AIIB's mission of providing high-quality financial disclosures as a reliable player that builds trust with stakeholders.
 
     Speaking at the side event on "Implementing the International Financial Reporting Standards - Sustainability Disclosure Standards (ISSB Standards) from the Ground Up: The AIIB Journey", Mr Hui noted that while the AIIB is one of the first multilateral development banks to adopt the ISSB Standards, Hong Kong was also confirmed by the International Financial Reporting Standards Foundation earlier this month as among the initial set of jurisdictions having set a target of fully adopting the ISSB Standards.
 
     He said, "By aligning with a global standard, we ensure international comparability of our data. This not only boosts investor confidence but also creates a strong foundation for new opportunities. The Hong Kong Special Administrative Region Government will continue to work in collaboration with financial regulators and stakeholders to support the pragmatic implementation of the ISSB Standards through enhancing capacity building and promoting the use of technological solutions."
 
     This afternoon, Mr Hui also spoke on "Fostering Development and Infrastructure Connectivity" at the Governors' Business Roundtable. He shared with delegations from other member states Hong Kong's efforts in fostering development in sustainable finance as well as developing diverse and innovative financial products. The latter includes the roll-out of the Infrastructure Bond Programme and the issuance of infrastructure loan-backed securities by the Hong Kong Mortgage Corporation Limited (HKMC) with the AIIB as an anchor investor. He told the delegations that a third issuance by the HKMC can be expected this year.
 
     At the AIIB President's Reception and the Special Session of the Board of Governors' meeting held yesterday (June 24), Mr Hui met with the President of the AIIB, Mr Jin Liqun, and the President-elect of the AIIB, Ms Zou Jiayi. He also met financial officials of other member states to update them on Hong Kong's latest developments in green and sustainable finance, and the recent vibrant financial market situation.
 
     In addition, Mr Hui held bilateral meetings separately with delegations from Egypt, Germany and Poland on the sidelines of the Annual Meeting to explore opportunities for further co-operation.
 
     During his stay in Beijing, Mr Hui met with the President of the Industrial and Commercial Bank of China, Mr Liu Jun, and the Chief Financial Officer of the China Construction Bank, Mr Sheng Liurong. He will return to Hong Kong tonight.
 
Ends/Wednesday, June 25, 2025
Issued at HKT 17:41
NNNN
Archives   Yesterday's Press Releases  
Back to Index Page
Back to top
Today's Press Releases  

Photo

The Secretary for Financial Services and the Treasury, Mr Christopher Hui (second right), is pictured with the Minister of Finance, Mr Lan Fo'an (centre); Vice Minister of Finance Mr Liao Min (first left); the President of the Asian Infrastructure Investment Bank (AIIB), Mr Jin Liqun (first right); and the President-elect of the AIIB, Ms Zou Jiayi (second left), at the President's Reception of the 10th Annual Meeting of the Board of Governors of the AIIB in Beijing yesterday (June 24).
The Secretary for Financial Services and the Treasury, Mr Christopher Hui (right), is pictured with the President-elect of the Asian Infrastructure Investment Bank (AIIB), Ms Zou Jiayi (left), after attending the Special Session of the Board of Governors' meeting held during the 10th Annual Meeting of the Board of Governors of the AIIB in Beijing yesterday (June 24).
The Secretary for Financial Services and the Treasury, Mr Christopher Hui (second right), had a bilateral meeting with the Egypt delegation on the sidelines of the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank in Beijing yesterday (June 24) to explore co-operation opportunities. Next to him is the Advisor to the Minister of Finance of Egypt, Mr Alaa Abdel-Rahman (second left).
The Secretary for Financial Services and the Treasury, Mr Christopher Hui (left), is pictured with the Chief Financial Officer of the China Construction Bank, Mr Sheng Liurong (right), after their meeting in Beijing yesterday (June 24).
The Secretary for Financial Services and the Treasury, Mr Christopher Hui (right), had a bilateral meeting with the Germany delegation on the sidelines of the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank in Beijing today (June 25) to explore opportunities for co-operation. Next to him is the Deputy Director General for International Financial Relations of the Federal Ministry of Finance of Germany, Mr Rüdiger von Kleist (left).
The Secretary for Financial Services and the Treasury, Mr Christopher Hui (right), had a bilateral meeting with the Polish delegation on the sidelines of the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank in Beijing today (June 25) to explore opportunities for co-operation. Photo shows Mr Hui with the Director of the International Cooperation Department of the Ministry of Finance of Poland, Mr Paweł Siwek (left), after the meeting.
The Secretary for Financial Services and the Treasury, Mr Christopher Hui, attended the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing today (June 25). Photo shows Mr Hui (centre) participating in a thematic discussion at the side event on "Implementing the International Financial Reporting Standards - Sustainability Disclosure Standards (ISSB Standards) from the Ground Up: The AIIB Journey" with the Chief Financial Officer of the AIIB, Mr Andrew Cross (second left); Special Advisor to the Chair of the International Sustainability Standards Board and Director of Beijing Office, Mr Zhang Zhengwei (second right), and other speakers.
The Secretary for Financial Services and the Treasury, Mr Christopher Hui, attended the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank and spoke at the Governors' Business Roundtable on "Fostering Development and Infrastructure Connectivity" in Beijing today (June 25).
The Secretary for Financial Services and the Treasury, Mr Christopher Hui (first left), attended the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank and spoke at the Governors' Business Roundtable on "Fostering Development and Infrastructure Connectivity" in Beijing today (June 25).