Hong Kong Financial Secretary Paul Chan Mo-po: Strong complementarity between Shanghai and Hong Kong, more connectivity beneficial for both cities.
Wisdom Financial APP learned that Hong Kong and Shanghai have signed the "Shanghai-Hong Kong International Financial Center Synergy Development Action Plan". At the Lujiazui Forum in Shanghai, the Director of Financial Services and the Treasury Bureau of Hong Kong, Christopher Hui, stated that Shanghai and Hong Kong are both financial centers of the country, with strong complementary advantages. Both markets have a complete financial infrastructure, and can improve liquidity through interconnection. He mentioned that the trend of mainland investment in Hong Kong stocks through the Stock Connect is obvious, emphasizing that cooperation and win-win situations are the only way for both parties, and more connectivity is beneficial for both cities.
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