Yu Weiwen was re -elected as the president of the Hong Kong Monetary Administration fo

The Hong Kong Special Administrative Region Government has once again appointed Yu Weiwen as the president of the Hong Kong Financial Administration, with a term of five years.

Comprehensive Sing Tao Daily and Radio Hong Kong reported that the Hong Kong Chief Finance Director Chen Maobo announced the above appointment on Friday (July 26) and will take effect on October 1.The fixed annual salary of Yu Weiwen's new term will rise from 7.2 million yuan (Hong Kong dollars, the same below, S $ 1.23 million) to 7.4 million yuan, and the annual salary of a floating annual floating will not exceed 2.3 million yuan.

Chen Maobo said in a statement that the HKMA maintains the stability of the currency market and the banking system under the leadership of Yu Weiwen, andInstitutions cooperate to protect Hong Kong's financial security.Foreign exchange funds also obtained a return that matches the investment goal under uncertainty under uncertainty.

Chen Maobo said that I believe that Yu Weiten will continue to lead the Financial Management Bureau in the future to contribute to Hong Kong's financial, economic and social and people's livelihood.

Yu Weiwen said that he was very honored to continue to serve and contribute to Hong Kong in important post services and contribute to Hong Kong. He also thanked Chen Maobo for his trust.

He said that in the next few years, the macroeconomic environment, international financial situation, and geopolitics are still complex and changeable.Do a good job of financial services and support the real economy.

Yu Weiwen said that the HKMA will continue to work hard to promote the interconnection with mainland China, and enhance Hong Kong's role as a global offshore RMB hub.He hopes to create greater development space for the Hong Kong financial industry with the industry and consolidate and improve the status of Hong Kong's international financial center.

Yu Weiwen, 59, has been in charge of the Hong Kong HKMA since 2019.He joined the Hong Kong Special Administrative Region Government in 1986 as the Director of Government, and joined the HKMA in 1993 as a senior manager, and promoted the director of the following year.In September 2007, Yu Weiwen was appointed as the vice president of the HKMA.