HSBC Wang Yunfeng: Looking forward to Shanghai further deepening its high-level financial opening to the outside world.

During the 2026 Lujiazui Forum, HSBC Bank CEO and Chief Executive Wang Yunfeng stated: "At this year's Lujiazui Forum, the 'Action Plan for the Development of Offshore Financial Services in the Shanghai International Financial Center' has been officially launched, with many financial measures being announced. Key measures include supporting offshore RMB transactions, promoting offshore financial services, and promoting the linkage development between the mainland and Hong Kong capital markets. This not only further expands the breadth and depth of high-level financial openness, but also provides clear guidelines for foreign financial institutions to leverage their strengths and increase investment." Furthermore, when discussing the development of the Shanghai International Financial Center, Wang Yunfeng pointed out: "We look forward to Shanghai continuing to deepen its high-level financial opening to the outside world, combined with its unique advantages in industries, science and technology innovation, and financial infrastructure, to further promote the cross-border use of the RMB in trade, investment, and finance, and provide powerful financial support for Chinese enterprises going global."