Zhou Liang, Deputy Director of the Financial Regulatory Bureau, stated: Hong Kong banks' assets rank among the top for foreign banks in mainland China.

date
04/11/2025
Zhou Liang, Deputy Director of the China Banking and Insurance Regulatory Commission, stated at the 2025 International Financial Leaders Investment Summit that the total assets of the mainland banking and insurance industry exceed 500 trillion yuan, with an average annual growth rate of 9% over the past five years. China's position as the largest credit market and second largest insurance market is becoming more stable. He mentioned that the capital markets in mainland China and Hong Kong are performing strongly, with assets under management by trust, wealth management, and insurance institutions reaching 100 trillion yuan. Among the top 1000 banks globally, Chinese banks account for 143. Hong Kong banks dominate among foreign banks in mainland China in terms of asset size, with various indicators at a leading level.