Treasury Markets Forum on Cooperation between Hong Kong, Shenzhen and Qianhai, and the ensuing Business Opportunities

The Treasury Markets Association (TMA), together with representatives of Hong Kong’s treasury industry, participated in the Treasury Markets Forum in Qianhai, Shenzhen, today (Thursday) to learn more about the opportunities brought by further and deepened cooperation between Shenzhen and Hong Kong and Qianhai’s newly announced pioneering pilot policies.

Organised by the TMA, the Treasury Markets Forum attracted more than 60 participants from regulatory bodies, banks and financial institutions in both Mainland and Hong Kong.  Mr Peter Pang, Chairman of the TMA Executive Board and Deputy Chief Executive of the Hong Kong Monetary Authority, delivered opening address for the Forum, sharing some of his insights into the cooperation between Shenzhen and Hong Kong.  Furthermore, Mr Zhang Jianjun, President of the People's Bank of China Shenzhen Central Sub-branch, spoke on the prospects and opportunities arising from Shenzhen and Hong Kong’s financial cooperation, while a representative of the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone explained Qianhai’s financial-innovation projects.

Excited about the strengthening of Shenzhen-Hong Kong cooperation, banking and financial sector representatives were particularly interested in the pioneering pilot policies of Qianhai.  The Forum has deepened the Hong Kong treasury industry’s understanding of the new policies and provided a platform for the industry to reflect its expectations for Shenzhen-Hong Kong cooperation.  Mr Peter Pang said “One of the functions of the TMA is to assist the treasury industry in exploring market-development opportunities.  The Association hopes that through the Forum, Hong Kong’s treasury industry would have a better understanding of Qianhai’s development plan, and that Hong Kong would be able to share with Qianhai its experience in the development of its own financial industry.”

Treasury Markets Association
19 July 2012

From left to right:

Mr Zhou Ziyou, Deputy Director General of the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone; Mr Peter Pang, Chairman of the TMA Executive Board and Deputy Chief Executive of the Hong Kong Monetary Authority; and Mr Zhang Jianjun, President of the People's Bank of China Shenzhen Central Sub-branch at the Treasury Markets Forum on cooperation between Hong Kong, Shenzhen and Qianhai, and the ensuing business opportunities.

TMA delegation visits Qianhai cooperation zone.