The Secretary for Financial Services and the Treasury, Professor K C Chan, will lead a delegation to Shanghai tomorrow (May 23) to attend the seventh Working Meeting of Hong Kong-Shanghai Financial Co-operation to exchange views with representatives of the relevant government departments, regulatory bodies and exchanges in Shanghai on ways to enhance financial co-operation between the two places.
 
     The delegation will comprise the Deputy Secretary for Financial Services and the Treasury (Financial Services), Ms Mable Chan, and representatives of the Hong Kong Monetary Authority, the Securities and Futures Commission, the Office of the Commissioner of Insurance and the Hong Kong Exchanges and Clearing Limited.
 
     The Financial Services and the Treasury Bureau of Hong Kong and the Shanghai Municipal Government Financial Services Office signed a Memorandum of Understanding Concerning Advancing Hong Kong-Shanghai Financial Co-operation and an Agreement on Enhancing Hong Kong-Shanghai Financial Co-operation in 2010 and 2016 respectively. One of the co-operation directives is that financial representatives of the two places hold bilateral meetings regularly with a view to improving mutual dialogue and exchanges.
 
     During his stay in Shanghai, Professor Chan will also call on the Executive Vice Mayor of the Shanghai Municipal Government, Mr Zhou Bo, and visit the Shanghai Lujiazui International Financial Asset Exchange Company Limited. He will return to Hong Kong in the afternoon on Wednesday (May 24).

Ends/Monday, May 22, 2017
Issued at HKT 14:30

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