Angola's Ministry of Finance reported on an official mission to the People's Republic of China and the Hong Kong Special Administrative Region, where Finance Minister Vera Daves de Sousa held meetings with regulators and market institutions to deepen cooperation on capital markets development and regulation and to explore financing options. Discussions included potential steps for Angola to establish a presence in Hong Kong’s financial market and to access funding through debt issuance. Engagements covered a meeting with China Securities Regulatory Commission (CSRC) Chair Wu Qing on capital markets supervision and development, and discussions with the Financial Services Development Council (FSDC) and the Securities and Futures Commission (SFC) on market development, capacity building, technological innovation and regulatory cooperation. Talks with Hong Kong Financial Secretary Paul Chan Mo-po addressed initiatives to support Angola’s possible market entry, strengthen institutional links and expand technical cooperation, while a separate meeting with New Development Bank (NDB) President Dilma Rousseff examined Angola’s prospective accession to the BRICS-founded institution and opportunities for development financing; additional meetings with Chinese financial institutions sought to identify further funding for strategic projects, including in green finance and the digital economy, aligned with the Belt and Road Initiative.

Original source View in tracker