Founder: Hong Kong and Shanghai exchange cooperation to facilitate the development of financial centres

Xinhua Beijing, January 22, according to the Hong Kong China Society reported that the HKEx and the Shanghai Exchange will further enhance co-operation, the Chairman of the Hong Kong Securities and Futures Commission believes that this will facilitate the development of financial centres between the two places, so that many countries envy. "Because Hong Kong is a very open, mature and internationalized financial market, the mainland financial market, although just beginning, has a very strong economic potential." If the two places can work together, we believe there is great support for promoting China's leading position in the world financial sector.　　"Founder of the 21st in Hong Kong to attend the Asian Financial Forum to interview the media said." Founder said that at present, the SFC and the National Securities and Futures Commission, as well as exchanges between the two places have good communication, "we work together, the most important thing is to achieve two financial centres of good quality, welcomed by investors." Founder pointed out that the two governments have signed a memorandum in Hong Kong recently to strengthen financial co-operation between the two places, and if the two exchanges can take the first step, it will facilitate the development of the two financial centres in the two places. The SFC will also consider deepening its co-operation with the National Securities and Futures Commission. (Richinliang)