SFST leads delegation to Shenzhen for fourth meeting of Shenzhen-Hong Kong Financial Co-operation Committee (with photos)
******************************************************************************************
The meeting was co-chaired by Mr Hui and the Vice Mayor of the Shenzhen Municipal People's Government and Director General of the Office of the Financial Affairs Committee of the CPC Shenzhen Municipal Committee, Mr Luo Huanghao. The Committee discussed the latest developments of the financial markets and financial co-operation initiatives between Shenzhen and Hong Kong. It also explored suggestions on further enhancing the development of a collaborative market.
Mr Hui said that Shenzhen-Hong Kong financial co-operation has yielded fruitful results. Both cities have facilitated the integration of fintech ecosystems, supported Shenzhen enterprises in listing in Hong Kong, and deepened co-operation in key areas including the development of a regional gold ecosystem and green finance. Meanwhile, mutual market access schemes including Stock Connect, Bond Connect and Wealth Management Connect have been operating smoothly, with a steady stream of user-centric cross-boundary financial services launched to enhance public convenience. Shenzhen is preparing for the hosting of the 33rd APEC Economic Leaders' Meeting in November, while Hong Kong will hold the APEC Finance Ministers' Meeting for the first time in October. These two major flagship events, held in succession with complementary strengths, are set to generate powerful synergies. Hong Kong will continue to leverage the institutional advantages of "one country, two systems" and capitalise on its strengths as an international financial centre to empower technological and innovation industries through financial development and deepen Shenzhen-Hong Kong co-operation. He expressed the hope that both cities would continue to strengthen the alignment of financial regulations and mechanisms, unleash the potential of "Finance+" to strengthen the capacity of the financial sector to serve the real economy, drive high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), and jointly support Mainland key enterprises in going global.
Mr Luo said, since the establishment of the Shenzhen-Hong Kong Financial Co-operation Committee, the two sides have worked hand in hand and taken solid actions to advance financial co-operation from interconnection to in-depth integration, and from mechanism establishment to delivery of outcomes, achieving breakthroughs in multiple areas including financial market connectivity, cross-boundary capital flows and regulatory co-ordination. Looking ahead, Shenzhen will focus on technology finance, further enhancing connectivity, strengthening fintech development, supporting enterprises in going global, expanding wealth management, and building a robust financial risk firewall. Greater efforts will be made to advance Shenzhen-Hong Kong financial co-operation to a higher level, in broader areas and with greater depth.
Established in June 2024, the Shenzhen-Hong Kong Financial Co-operation Committee brings together official members from the financial regulatory bodies of the Central Authorities, Shenzhen and Hong Kong, as well as industry leaders in both places as non-official members to provide insights on Shenzhen-Hong Kong financial co-operation and the development of the GBA's financial infrastructure.
Today, Mr Hui and his delegation also attended the 20th Shenzhen International Finance Expo and visited the Shenzhen Park of Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone (Hetao Zone). The delegation toured two Shenzhen enterprises and the exhibition hall of the Hetao Zone to conduct on-site inspections of the latest progress in the collaborative development of finance, technology and innovation between the two cities.
Ends/Wednesday, May 27, 2026
Issued at HKT 19:56
Issued at HKT 19:56
NNNN











