The Financial Services and the Treasury Bureau highlighted outcomes from the Fifth Plenary Session of the Hong Kong-Fujian Cooperation Conference, where the Hong Kong Special Administrative Region and Fujian agreed to deepen co-operation across 11 areas. For financial markets, the main outcome is support for relevant financial institutions in both places to carry out policy training and publicity, help more eligible Fujian enterprises list and issue bonds in Hong Kong, and promote cross-border capital matching with Fujian's key industries to widen investment and financing channels. The broader package links finance to outbound business support and cross-border services. It uses Hong Kong government and Fujian platforms to help Fujian enterprises go global through Hong Kong professional services, including company registration, fund raising, tax compliance, intellectual property and legal advice. Other areas include co-operation on artificial intelligence applications and governance, cross-boundary data flow, technology commercialisation, and fuller legal and dispute resolution support for enterprises expanding overseas. The two sides also signed six agreements, including a memorandum of understanding between the Fujian Provincial People's Government and Hong Kong Exchanges and Clearing Limited, and a co-operation agreement on promoting the international expansion of Fujian enterprises.

Original source Back to tracker