Huang Tianyou: Chinese asset management institutions can attract global long-term funds to allocate to China through mature mechanisms, further accelerating the internationalization process of the renminbi.

According to the zhixin finance APP, Christopher Hui, chairman of the Securities and Futures Commission of Hong Kong, mentioned in his speech at the annual meeting of the Hong Kong Association of China Fund Managers that he plans to deepen the outbound strategy by rooting in the Hong Kong market. As an international financial center, Hong Kong has a mature and perfect market system, cross-border interconnection mechanisms, and a global investor network. Chinese asset management institutions can use Hong Kong as a platform for their outbound strategies, by establishing funds, ETFs, and special products, relying on mature mechanisms such as mutual recognition of funds, ETF connectivity, and cross-border wealth management channels in the Greater Bay Area, to promote high-quality domestic assets such as technology, new energy, and high-end manufacturing to the international market, attract global long-term funds to invest in China, and further accelerate the internationalization of the renminbi.