Zhou Liang, Deputy Director of the China Banking and Insurance Regulatory Commission: Hong Kong-based banks have half of the total assets among foreign banks in mainland China.

Zhou Liang, Deputy Director of the China Banking and Insurance Regulatory Commission, stated at the 2025 International Financial Leaders Investment Summit on November 4th that the total assets of the mainland banking and insurance industry exceeded 500 trillion yuan, with an annual average growth of 9% over the past 5 years. China's position as the largest credit market and the second largest insurance market has become more solid. He mentioned that the capital markets in the mainland and Hong Kong have shown strong performance, with assets under management by trust, wealth management, and insurance asset management institutions reaching 100 trillion yuan. Among the world's top 1000 banks, Chinese banks account for 143; Hong Kong banks dominate the market among foreign banks in the mainland, with various indicators at a leading level.