FS Meets Financial Officials In BJ

Financial Secretary Paul Chan today met financial officials of the Central Authorities in Beijing.

     

In the morning, Mr Chan called on People’s Bank of China Governor Yi Gang to discuss the latest financial market, bond market and banking system developments in Hong Kong.

     

This was followed by a meeting with China Banking & Insurance Regulatory Commission Chairman Guo Shuqing.

 

They exchanged views on Hong Kong’s insurance industry growth, and the Hong Kong Special Administrative Region Government’s work in monitoring the financial system to ensure stability.

     

Mr Chan will join the Hong Kong delegation for National Day to celebrate the 70th anniversary of the founding of the People’s Republic of China.

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more