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HKSI Signs Memorandum of Understanding with The Federation of Hunan Joint-Stock Companies and The Securities Association of Hunan Province

The Hong Kong Securities Institute (HKSI) signed a Memorandum of Understanding (MOU) with The Federation of Hunan Joint-Stock Companies (湖南省股份公司聯合會, FHJC) and The Securities Association of Hunan Province (湖南省證券業協會, SAH) during a signing ceremony at the Hunan-Hong Kong Financial Services Cooperation Forum (『湖南─香港金融交流合作洽談會』) held in Changsha yesterday. The signing ceremony was one of the key programmes of the Hong Kong financial services sector's three-day visit to Hunan. The delegation, with over 100 industry leaders, was led by the Secretary for Financial Services and the Treasury Mr Frederick Ma.

The agreement outlined the main areas for further cooperation between Hong Kong and Hunan, which included the establishment of the mechanism to facilitate information exchange, the arrangement of an appropriate platform for practitioners from two sides to meet and share experiences and the organisation of study missions and training programmes to encourage sharing of best practices.

Mr Ma was glad to see the signing of framework agreements among various institutions from Hong Kong and Hunan during the Forum. He said that would provide a great start for cooperation between Hunan and Hong Kong within the realm of financial services. There were ample of win-win opportunities for both sides to explore. He hoped that both Hunan and Hong Kong businesses can make the best use of the network built up during the visit, and actively participate in developing business opportunities and promoting prosperity of economic development between the two places.

Mr Edward Kwan, HKSI Chairman, said that: “The agreement provides a forward-looking direction leading to a higher level of cooperation between organisations from Hong Kong and Hunan.”

Ms Ding Xiaoping, Vice-chairman and Secretary General of the SAH, added that the agreement was one of the milestones indicating the achievement made within the Pan-Pearl River Delta Regional Co-operation Framework.

Mr Gary Cheung, HKSI Chief Executive also commented that the MOU framework would not only enhance the exchange of information and talents, it would also help to foster a closer working relationship between securities practitioners from both sides.

Enquiries: Mr Gary Cheung, Chief Executive on 3120 6288 or
Ms Daisy Lo, Director - Marketing and Membership Services on 3120 6158


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