Chen Maobo: Warmly welcome companies and projects from Hainan Province and throughout the country to Hong Kong, issue bonds, and go public.

On September 11, the Financial Secretary of Hong Kong, Paul Chan Mo-po, delivered a speech at the 2025 Global Investors Roadshow Conference hosted by the People's Government of Hainan Province, People's Republic of China. He stated that Hainan Province has been a good partner for the development of the bond market, and has always shown a high level of trust and support for Hong Kong's financial services and bond market. As Secretary Feng just mentioned, starting from 2022, the Hainan Provincial People's Government has issued bonds in Hong Kong for four consecutive years, with a total issuance estimated to reach RMB 18 billion. The proceeds from these bond issuances will not only continue to support Hainan's green and blue projects, but will also include a 10-year bond with a space theme for the first time. This has several important implications. Firstly, it opens up new dimensions for local government fundraising in terms of fields and channels; secondly, it allows China's focus on aerospace research and infrastructure to enter the view of international investors through Hong Kong, enhancing the visibility of China's cutting-edge technology; thirdly, it enriches the spectrum of RMB bonds and investment products, contributing to the promotion of RMB internationalization. Paul Chan Mo-po continued by saying that as international investors are increasingly turning towards the Greater China region and global green transformation, and as support for enterprises and projects going global and the prudent promotion of RMB internationalization are progressing, these trends allow Hong Kong to fully play its role as a super-connector and a super value-creator. He warmly welcomed enterprises and projects from Hainan Province and beyond to come to Hong Kong, issue bonds, go public, establish financial centers or cross-border supply chain management centers, and make full use of the platform provided by Hong Kong to strengthen their own development. He looked forward to enhanced cooperation between Hainan and Hong Kong, making new and greater contributions to the country's construction and high-quality development. The original text is as follows: Financial Secretary attends the 2025 Global Investors Roadshow Conference hosted by the People's Government of Hainan Province, People's Republic of China The following is the speech by Financial Secretary Paul Chan Mo-po at the 2025 Global Investors Roadshow Conference hosted by the People's Government of Hainan Province, People's Republic of China, today (September 11): Respected Secretary Feng Fei, Minister Xu Weigang, distinguished guests, and friends: Good afternoon! I am delighted to attend today's Hainan Provincial People's Government 2025 Global Investors Roadshow event. First of all, I would like to extend the warmest welcome to Secretary Feng Fei and the guests and friends from Hainan who have traveled from afar to Hong Kong for the roadshow, as well as the friends who have long supported and promoted cooperation between Hong Kong and Hainan. Hainan Province has been a good partner for us in developing the bond market, and has always shown a high level of trust and support for Hong Kong's financial services and bond market. As Secretary Feng just mentioned, together with this time, the Hainan Provincial People's Government has been issuing bonds in Hong Kong for four consecutive years since 2022, with a cumulative issuance estimated to reach 18 billion RMB. The proceeds from this issuance will not only continue to support Hainan's green and blue projects, but will also include a 10-year bond with a space theme for the first time. This has several important implications. One is that it opens up new dimensions for local government fundraising in terms of fields and channels; secondly, it allows China's focus on aerospace research and infrastructure to enter the view of international investors through Hong Kong, enhancing the visibility of China's cutting-edge technology; Thirdly, it enriches the spectrum of RMB bonds and investment products, contributing to the promotion of RMB internationalization. Under the "one country, two systems" framework, Hong Kong, with its unique advantages of internal and external connection, internationalization, and diversity, has been playing the roles of "super connector" and "super value creator," facilitating the connection and mutual exchange of funds, technology, standards, and talents between the mainland and international markets. Over the years, with solid support from the central government, Hong Kong has become the preferred fundraising market for mainland enterprises and projects. Since the beginning of this year, under the dark cloud of geopolitical tensions, the performance of Hong Kong stocks remains impressive, with the Hang Seng Index rising by about 30%, and the average daily turnover reaching around HK$250 billion, a year-on-year increase of 130%, showing significantly increased liquidity. Hainan Province's decision to issue a new batch of bonds in Hong Kong at this time and list them on the Hong Kong Stock Exchange is timely, and I believe it will attract more international investors to us. In fact, Hong Kong's debt market is steadily growing. With support from the central government, the Ministry of Finance has issued RMB sovereign bonds in Hong Kong for 17 consecutive years, with a cumulative issuance exceeding RMB 410 billion; last year, the total issuance amount of Dim Sum bonds in Hong Kong reached RMB 1 trillion, a year-on-year increase of about 37%. As the demand for RMB investment and risk management products increases internationally, the future development of the offshore RMB bond market will be more vibrant and conducive to the cautious promotion of RMB internationalization. Furthermore, Hong Kong continues to be a hub for green and sustainable finance in Asia. Last year, the total amount of related debt issuances in Hong Kong exceeded USD 80 billion, with green bond issuances arranged in Hong Kong accounting for 45% of the Asian market, covering different tenors and currencies to meet the needs of different investors. In addition to issuers from Hong Kong and the mainland, several enterprises and institutions from the Asia-Pacific and Europe have issued green bonds in Hong Kong as well. At a time when some Western countries are backtracking on climate commitments, Hong Kong needs to develop its green financial market well and actively contribute to the country's and global green transformation process. Distinguished guests, friends, from international investors increasingly turning towards the Greater China region, to the global green transformation; from supporting enterprises and projects going global, to the prudent promotion of RMB internationalization, these trends allow Hong Kong's roles as a "super connector" and "super value creator" to be more fully realized. We warmly welcome enterprises and projects from Hainan Province and across the country to come to Hong Kong, issue bonds, go public, and establish financial centers or cross-border supply chain management centers, making full use of the platform provided by Hong Kong to enhance their own development. I look forward to enhanced cooperation between Hainan and Hong Kong, making new and greater contributions to the country's construction and high-quality development. Finally, I wish success to the Hainan Provincial People's Government in this bond issuance, and wish all friends present good health and great success in their endeavors. Thank you all! End September 11, 2025 (Thursday) 4:20 PM Hong Kong Time