Li: Shanghai and Hong Kong are two locomotives of the national financial Field

January 21, the Hong Kong Stock Exchange and the Shanghai Stock Exchange held a joint press conference in Hong Kong, announced that the two sides will strengthen closer cooperation agreement. Hong Kong Exchange Group chief Executive Li (left) and the Shanghai Stock Exchange General manager Yujun at the meeting to speak separately.　　Sino-New Society Hair Deng Qingle Beijing, January 22, according to the Hong Kong "Wen Wei Po" reported that the joint press conference held in the Shanghai Stock Exchange, the HKEx chief executive Li and Shanghai general manager Yujun attended the Asian Financial Forum, Li issued its first speech after the formal appointment. As for the cooperation between the Greater China exchanges, Li said that the exchanges have been very in-depth, the first ETF was launched in Taiwan last October, and last month he also visited Taiwan to make a bull bear card, believing that Taiwan exchanges will be more co-operative.　　Yujun said that the co-operation between the mainland exchanges and the Taiwan exchanges has also been in progress for a long time, and exchange activities have been conducted with the exchanges. Li said that Hong Kong's financial sector emerged from the financial crisis 2009 years ago, and has made a lot of gratifying records, but it has also withstood the psychological impact of Shanghai's construction of an international financial centre. He believes that Hong Kong should come out of its worries and take advantage of the different roles played by Shanghai and Hong Kong in different stages of China's economic development.　　He added that Shanghai should be seen as a very positive factor in building an international financial centre, "as an opportunity for Hong Kong".　　Li said that Shanghai and Hong Kong are the two "locomotives" of the country in the financial field, and their common ground is to rely on the development and growth of the national economy, and there is a great deal of complementarity in the differences, and confidence in the development of Hong Kong and the strengthening of co-operation between the two countries. Yujun agreed with the importance of enhancing co-operation between the mainland market and the Hong Kong market, he pointed out that in the past, the Hong Kong market played an important role in supporting the Shanghai and Shenzhen market and "is a mirror of the mainland market", but the development of the mainland market in turn supports the development of the Hong Kong market and provides a high quality listing resource for the Hong Kong market, at present A +　　H shares have accounted for a large share of the Hong Kong market.　　In addition, the mainland has also fostered more institutional investors for Hong Kong, with more than 20 securities institutions, more than 20 futures organizations and 7 funds investing in Hong Kong, it is understood that turnover has accounted for 20% to 30% of the Hong Kong market. Yujun that without worrying about Shanghai's construction of an international financial centre, Hong Kong's strengths are the benchmark, role model and target for long-term learning in the mainland. He said the Chinese economy is like a big cake and is growing up, and exchanges in both Hong Kong and Taiwan will be the beneficiaries. The stronger the mainland market, the better the Hong Kong market will be.