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.

date
18/06/2026
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.