Fang Xinghai, deputy chairman of the China Securities Supervision and Administration Commission, believes that Hong Kong's international financial center has a solid status and said that if the RMB internationalization can achieve greater progress, China ’s ability to resist finance will be greatly enhanced.
According to the Hong Kong Ming Daily, Fang Xinghai said at a event today that Hong Kong's financial center status is the independent choice of the market, and for example, it is said that China Concept Stocks have returned to the company's independent choices recently.The relevant system of Hong Kong is relatively complete due to its second listing system, and Hong Kong is the main international financial center.
Fang Xinghai said that international institutional investors gathered in Hong Kong, and a large part of them invested in the A -shares (stocks traded by RMB) markets. Therefore, the demands of financial derivatives related to A shares in Hong Kong have their reason.
Fang Xinghai expects that there will be more capital to enter the capital market of Mainland China through Hong Kong in the future, which will be good for the development of Hong Kong and the development of the mainland capital market.He emphasized that while the uncertainty increases, Hong Kong's international financial status will be further strengthened.The market should not have the slightest mood and confidence.
Fang Xinghai also mentioned that after the launch of the science and technology board, innovative enterprises were very enthusiastic about listing in the science and technology board. At present, 14 semiconductor companies have been listed on the science and technology board. NextListing.It is reported that the speech did not mention the specific company name.
