The Hong Kong Securities and Futures Commission said Chief Executive Officer Julia Leung and Executive Director of Supervision of Markets Rico Leung have concluded a three-day visit to Shanghai focused on Mainland-Hong Kong capital market developments, mutual market connectivity and Hong Kong’s role in cross-border finance. The visit combined official meetings with regulators and market infrastructure operators with public remarks on Hong Kong’s offshore renminbi strategy. During the trip, Julia Leung accompanied Financial Secretary Paul Chan in a meeting with China Securities Regulatory Commission Chairman Wu Qing, where the participants discussed recent capital market developments in the Mainland and Hong Kong, further optimisation of mutual market connectivity and Hong Kong’s position as an international financial centre. At the 2026 Lujiazui Forum, she set out a vision for Hong Kong as the leading offshore RMB business hub working with the Mainland to build a comprehensive RMB product ecosystem, in the context of what she described as a new window of opportunity for offshore RMB development. The delegation also met the CSRC Shanghai Bureau and several Shanghai trading and clearing institutions to discuss how Hong Kong can support the Mainland’s capital market internationalisation strategy, the opening up of financial products and coordinated development between Shanghai and Hong Kong as international financial centres.

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