Hong Kong, Hangzhou Sign Finance MOU as Christopher Hui Leads 30-Plus Delegation

1 articles · Updated · bastillepost.com · Jun 15

Hong Kong and Hangzhou signed an MOU on June 15 covering capital markets, fintech, wealth management and insurance during Christopher Hui’s visit with a 30-plus delegation.
More than 400 corporate representatives attended a Hangzhou luncheon where speakers addressed over 300 enterprises on using Hong Kong for financing, treasury centres, tax planning and overseas expansion.
Hui said the trip aims to pair Hong Kong’s financial and professional services with Zhejiang’s digital-economy and manufacturing strengths as mainland companies accelerate global expansion.
The delegation also visited Ant Group, Manycore Tech and Zhejiang University’s Institute of Global Development to discuss global strategy, post-listing financing and cross-border financial services.
Hangzhou is the first stop of a broader Yangtze River Delta tour that continues to Suzhou on June 16 and Shanghai, tied to the start of China’s 15th Five-Year Plan.

Sources

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