Nanfang Metropolis Daily: Zhang Gao Bo believes the capital markets share of Hong Kong declines but the absolute amount has not declined |
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2016
10-11
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to List Zhang Gao Bo, executive director and chief executive officer of Oriental Patron Financial Investments Ltd. said that the total share of Hong Kong market is declining but the absolute amount is increasing. This doesn’t represent the financial position of Hong Kong is weakening, instead, it is gradually strengthening. For example, Hong Kong government gave out the most asset management to encourage asset management business. From this perspective, Hong Kong is strengthening its position as the financial center. Mr. Zhang also said, in the long run, Shenzhen-Hong Kong Stock Connect is only a tool. Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect, QFII and RQFII are all accelerating the integration between Mainland China and Hong Kong. This integration is a big trend.
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