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Press Release

21 September 2009

HKSI Signs MOU with Shanghai-based Oracle Bay
Nurturing Finance Professionals on the Mainland

Hong Kong Securities Institute (HKSI) and the Talent Development Center of Shanghai Lujiazui Financial City (Oracle Bay) jointly announce that both parties agree to sign an MOU to promote the certification and training for investment and finance professionals. The purpose is to provide professional training and services for finance professionals for Shanghai¡¦s development as an international financial centre. A signing ceremony is held today (21 September 2009) at Oracle Bay. Invited by Oracle Bay, HKSI Chairman Ms Barbara Shiu speaks on ¡§Risk Management in the Financial Industry¡¨ at the Oracle Bay International Master Forum in the afternoon after the ceremony.

Mr Patrick Chan, Director of the Hong Kong Economic and Trade Office in Shanghai (SHETO) of Hong Kong SAR Government, attends and witnesses the signing ceremony. He says Hong Kong SAR Government is pleased to learn that the HKSI and Oracle Bay have reached an agreement to work together and provide professional training and services for finance professionals to facilitate Shanghai¡¦s development into an international financial centre. ¡§The professional exchanges between Shanghai and Hong Kong will further enhance the cooperation between the two cities, and facilitate the forming of an interactive, complementary and co-operative relationship for win-win development on both sides,¡¨ Mr Chan adds.

Mr Xiaoming Gu, Director of Lujiazui Function Zone Administration of Pudong New Area, Shanghai, says, ¡§We are pleased to co-operate with the HKSI which is a renowned professional organisation in the region. The two organisations will jointly develop and promote certification and training programmes that are going to help finance professionals enhance their professional standards and competence. There is no doubt that Hong Kong¡¦s experience and professional services will provide a relevant benchmark for Shanghai financial city to groom and recruit finance professionals.¡¨

The HKSI is the first financial professional organisation from Hong Kong being invited to provide essential industry training to Oracle Bay. ¡§We¡¦re proud to be part of this visionary project, and we look forward to working closely with Lujiazui and Oracle Bay to provide training and to enhance professional standards for the industry,¡¨ says Ms Shiu.

Through the co-operation with the HKSI, Oracle Bay offers those who are interested in pursuing a career within the financial services industry a comprehensive programme of high quality professional training, events and internationally recognised examinations which aim to assist individuals achieve their own professional goals within the industry. All professional training, event and examination programmes under the framework will be developed hand in hand with leading market practitioners to ensure that the programmes are practical and market focused.

Notes to Editors

  1. Hong Kong Securities Institute is a professional membership organisation, established in 1997, with the mission to:
    • set standards of professional excellence and integrity for members and market participants, and to
      provide the means of attaining them;
    • contribute to Hong Kong's role as a leading international finance centre with high standards of
      performance; and
    • maintain a membership of professionals and enhance the capabilities and reputation of members.


  2. The Oracle Bay (www.oraclebay.com) is a financial training center launched in Pudong New Area's Lujiazui in August 2008 and officially opened on 26 May 2009. The organization helps strengthen the city's plan to become a global financial centre. The center, Oracle Bay, will work with universities and financial institutions to develop joint programmes to enhance the skills of finance professionals on the Mainland.

  3. For further information please contact
    Ms Daisy Lo, Director - Marketing and Membership Services, HKSI on Tel: 852-31206158 or daisy@hksi.org; and Dr Zhongsheng Zhang, General Manager, The Talent Development Center of Shanghai Lujiazui Financial City on Tel: 86-21-50276668 or doctorzhang@oraclebay.com


    HKSI and Oracle Bay signed the MOU

    (Front row) Oracle Bay General Manager Dr Zhongsheng Zhang (left) and HKSI Chairman Barbara Shiu (right).
    (Back row) Hong Kong SAR Government SHETO Director Mr Patrick Chan (left three), Shanghai Lujiazui Pudong New Area Function Zone Administration Deputy Director Mr Dehong Wang (left four) witnessed the ceremony with government officials and senior representatives from the HKSI and Oracle Bay.

    HKSI Chairman Barbara Shiu (right) and Oracle Bay General Manager Dr Zhongsheng Zhang.



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