Xu Zhengyu: Hong Kong has a mature global financial management system, and the coordinated development between Shanghai and Hong Kong is beneficial for Chinese enterprises to expand overseas.
According to the Wisdom Financial APP, on June 17th, at the 2026 Lujiazui Forum, Hong Kong Financial Secretary and Treasury Bureau Director Paul Chan Mo-po stated that Shanghai and Hong Kong, as the two major hubs of the national financial system, are based on the super-sized market of the mainland and the global capital market network respectively. This forms an indispensable "dual hub" advantage for the country's financial openness and real economy development, providing a full-chain service of "domestic coordination, global allocation, and risk control" for Chinese enterprises going global.
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