Hong Kong, 19 June 2017 – The Hong Kong Securities and Investment Institute’s (“HKSI Institute”) 40-member delegation headed to Qianhai on 19 May 2017 to keep abreast of its latest developments. Delegates were impressed by the special economic zone's notable effort in providing the much needed support to groom young talents, and ensuring the presence of a conducive environment to facilitate collaboration between the two markets.

The group, led by Chairman Mr John Maguire, met with the Qianhai Authority’s officials in charge of financial services. The discussion was focused on cross-border financial cooperation, especially in building a super connection hub in terms of regional infrastructure development and industrial cooperation. "The Hong Kong – Qianhai alliance has brought about fruitful outcomes which will support the whole Greater Bay Area development," Mr Maguire said.

The delegates also met with senior representatives from market institutions and financial services companies. Mr Lewis Wan, the Organising Committee Chairman of the mission, welcomed the dialogue with the entrepreneurs: "Market efficiency improved with costs driven down is the key benefit from the technological leaps engineered by the young practitioners.”

Meetings with the HKEX Qianhai Mercantile Exchange, Chinese Gold and Silver Exchange and Hang Seng Qianhai Fund Management Company Limited brought about major updates on cross market collaboration. Mr Louis Mak, Young Talent Programme sponsor, said, "The development is multi-faceted and it is very encouraging to see the fruitful results from the cooperation between the public and private sectors from the two markets."

The delegation comprised of seasoned practitioners from banks, fund and asset management houses, securities companies, accounting and law firms, as well as consulting services providers met with senior officials and representatives from:

-         The Authority of Qianhai

-         Shenzhen Jinfuzi Capital Management Co. Ltd. (深圳市金斧子資本管理有限公司)

-         Shenzhen Qianhai Chinese Gold & Silver Exchange Society Limited

-         Hang Seng Qianhai Fund Management Company Limited

-         HKEX Qianhai Mercantile Exchange

“We see great opportunities, strong synergies and mutual benefits between Hong Kong and Shenzhen. I am pleased that the delegates gained an in-depth understanding of the rapid development of Qianhai through this Mainland Mission,” Miss Ruth Kung, Chief Executive of HKSI Institute said. “HKSI Institute’s study mission aims to provide our members with exceptional access to the visited destination by means of thoughtful programmes,” Miss Kung supplemented.

A tour to the Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub arranged by The Authority of Qianhai

The delegation was warmly received by The Authority of Qianhai

A tour to the newly opened HKEX’s Qianhai Mercantile Exchange

The delegation was introduced to Fintech development by a group of young practitioners in Shenzhen Jinfuzi Capital Management Co. Ltd.

Mr Haywood Cheung, President of the Chinese Gold & Silver Exchange Society Limited (CGSE) shared his view on the Renminbi Kilobar Gold and the future development of Chinese Gold and Silver industry. CGSE also hosted a lunch reception for the delegation.

About the Hong Kong Securities and Investment Institute (HKSI Institute)

The Hong Kong Securities and Investment Institute is a professional membership organisation established in 1997 by leaders in the securities and investment industry with the support of the Securities and Futures Commission.  The HKSI Institute champions professional standards of excellence in Hong Kong’s financial services industry and contributes to Hong Kong’s role as a leading international financial centre.  We offer a comprehensive programme of high quality professional training, events and internationally recognised examinations, and a vibrant membership community to empower individuals to achieve their professional goals.