The Hong Kong Monetary Authority (HKMA) and the Research Bureau of the People's Bank of China (PBoC) jointly hosted a seminar on "Mainland and Hong Kong Green Finance Opportunities" in Hong Kong today (15 June), to discuss the developments and opportunities in the Mainland and Hong Kong green finance markets.
The seminar covered the green finance policy and market developments in the Mainland and Hong Kong; as well as how Hong Kong can support the national strategies of the Central People’s Government and capture the related green finance opportunities. The seminar was attended by more than 500 participants including policymakers and market participants from all over the world. Speakers at the seminar included senior representatives from the PBoC, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the Green Finance Committee of the China Society for Finance and Banking, the HKMA, the Financial Services and the Treasury Bureau, the Hong Kong Securities and Futures Commission, and leading financial institutions and green bond issuers.
Mr Eddie Yue, Deputy Chief Executive of the HKMA, said, “Hong Kong has always been the gateway between Mainland China and the world, and is uniquely positioned to connect these two markets in green finance. Hong Kong has an increasingly vibrant green bond market, with over USD5 billion issuance so far this year, by corporates, financial institutions and multilateral development banks. The HKMA will continue to promote green bond issuance and enhance cooperation with the Mainland.”
Mr Xu Zhong, Director‐General of the Research Bureau of the PBoC, said, “Mainland China is a leader in global green finance. Meanwhile, leveraging its advantage as an international financial centre, Hong Kong has also made major progress in this area. The Mainland and Hong Kong should further enhance exchanges and cooperation,and contribute to the international consensus on green finance.”
Hong Kong Monetary Authority
15 June 2018
Mr Eddie Yue, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), gives a keynote speech at the seminar on “Mainland and Hong Kong Green Finance Opportunities” jointly hosted by the HKMA and the Research Bureau of the People’s Bank of China.
Mr Xu Zhong, Director General of the Research Bureau of the People’s Bank of China (PBoC) (first left) moderates a panel on “Green Finance policy and market development in the Mainland and Hong Kong”. Other speakers include (from second left) Mr Zhou Chengjun, Deputy Director‐General of the Research Bureau of the PBoC; Mr Chris Sun, Deputy Secretary (Financial Services) of the Financial Services and the Treasury Bureau; Ms Julia Leung, Deputy Chief Executive Officer and Executive Director of the Hong Kong Securities and Futures Commission; Ms Li Xiaowen, Director of Industry Department, the Policy Research Bureau of the China Banking and Insurance Regulatory Commission; Mr Zhou Yueqiu, Head of the Institute of Urban Finance of the Industrial and Commercial Bank of China; Ms Chen Yaqin, Chief of Technical Support Division, Green Finance Department of the Industrial Bank Co.,Ltd.; and Ms Fanny Lung, Finance Director of Swire Properties.
Mr Vincent Lee, Executive Director (External) of the Hong Kong Monetary Authority (first left) moderates a panel on “How Hong Kong can support the Central Government’s national strategies and capture the related green finance opportunities”. Other speakers include (from second left) Dr Ma Jun, Chairman of the Green Finance Committee of the China Society for Finance and Banking; Ms Cao Yuanyuan, Director of Financial Market Department of the People’s Bank of China; Mr Xu Xiaobing, Deputy Director of Fourth Division, Corporate Bond Supervision Department of the China Securities Regulatory Commission; Mr Song Zuojun, Vice President of Hong Kong branch of the China Development Bank; Mr Mark Konyn, Group Chief Investment Officer of the AIA Group Limited and Ms Helen Wong, Chief Executive for Greater China of the Hongkong and Shanghai Banking Corporation Limited.
