Source: Asia Weekly
Macau is currently brewing the construction of a stock exchange to build the GEM stock market.When the authorities proposed on the occasion of Hong Kong's political storm, the release of important signals shows that the international financial center of Mainland China is more diversified and will not be placed in the basket in Hong Kong.; Macau developing the financial industry and enriching the Shanghai -Shenzhen stock market as a fund -raising platform, gradually reducing its dependence on Hong Kong.
Macau's organizing stock exchanges can be sure of being granted by the central government and have a tacit and coordination with Guangdong Province.He Xiaojun, Secretary of the Party Group and Director of the Local Finance and Administration Bureau of Guangdong Province, pointed out that the Macau Stock Exchange plan has been reported to the central government, hoping to build the Macau Stock Exchange into Nasdaq, which is a high -tech enterprise in Mainland ChinaFunding platform.He Xiaojun also pointed out that there are more than 600 listed companies in Guangdong Province, but there are 45,000 national emerging enterprises. The potential needs of listing are very large, reflecting that the Shenzhen Stock Exchange and Shanghai Stock Exchange cannot fully meet the needs.
In the past few years, the scientific and technological giants in mainland China raised foreign funds. For example, Meituan and Xiaomi are all the first choice for Hong Kong as a fund -raising platform, but now Hong Kong has fallen into a storm and I do n’t know if I am in the bottom.Therefore, the intention of Macau's stove is very obvious.In addition to being a fundraising platform as a technology company, the new Stock Exchange of Macau also has the functions of the RMB settlement market. The Macau HKMA stated that in order to cooperate with the development of the Greater Bay Area, the international advisory company has been commissioned to carry out feasible researchThe market reflects that the new securities exchanges in Macau may be a platform for RMB internationalization and technology companies to go global.
The development of the financial industry in Macau urgently needs to develop its own unique positioning to surpass Hong Kong, Shenzhen, and Shanghai.From the perspective of innovation, Macau can definitely seek breakthroughs on Fintech (Fintech), especially on the platform of CryptoCurrency, which is still wrapped in Hong Kong and Mainland China, can also show their feet on the block.The world of blockchain gallop.This makes Macau the younger brother of Hong Kong and Shenzhen and Shanghai in the traditional financial industry, but can play a leading role in the field of financial innovation.
In fact, the Macau and Zhuhai authorities have long taken relevant supporting measures on municipal planning, including the construction of the Central Business District (CBD) in the Barries of Hengqin and Zhuhai. The high -rise buildings have been towering.Hong Kong and Singapore are mature financial centers in the region, and the rule of law is also in line with international standards.In contrast, Macau's advantage lies in the development experience of the gaming industry. Perhaps the development of blockchain -related industries and virtual currencies can also be the development direction of the Macau financial industry.Macau changes.
The Macau Stock Exchange's Fa Fa proposed at the Lingnan Forum that the Lingnan Forum is a forum jointly sponsored by Lingnan (University) College and Caixin Media of Sun Yat -sen University. Experts from all parties mentioned that they need to establish relevant supporting facilities for a long time, such as the banking system., Accounting system, corporate law system, and related financial talents.Many financial experts in Hong Kong believe that the financial talents of the Greater Bay Area and the global Chinese society are emerging, and Macau and Portugal and the European Union have many roots. As long as they adhere to internationalization, they are not afraid that talents will not come in.
The Macau stock market is established from scratch. It can be used as a financial reform test field in mainland China to deepen the financial reform of mainland China, open capital accounts, and make up for the defects that are difficult to implement in China in China.In terms of financial development, Macau is an emerging force, but it is relatively unprecedentedly restrained, nor the constraints of systematic regulations. It can establish a new financial regulatory system.
For Macau, industrial diversification has always been on the agenda of previous governments. The economy that relies on the support of the gaming industry alone cannot sustain. In the simplest risk management principles, industrial diversification can avoid the economic affected by a single factors that have severely affected the single factors of a single factor.EssenceIn the financial industry, the Macau government has proposed the development direction of specialties since the previous government, hoping to become the Sino -Portuguese financial service platform and the RMB settlement center of Portuguese -speaking countries.
Hong Kong's crisis forced to change mainland China
One country, two systems have the Hong Kong model and the Macau model. For the Beijing authorities, stability and continuous prosperity are the solemn commitments of one country, two systems. Beijing also has the power of the national system to fulfill this promise.The exchanges, due to the upstream effect of Hong Kong's chaos, warning that Hong Kong issues are in danger of long -term, Beijing has two hands prepared. Under the crisis of Hong Kong, mainland China will show more reforms.
