On November 18, Wu Qing, Chairman of the China Securities Regulatory Commission, delivered a video speech at the Hong Kong Stock Exchange's Tenth Anniversary Connectivity Summit, emphasizing that the Commission is accelerating the launch of a new round of comprehensive reforms to open up the capital market. In terms of market opening and cross-border investment facilitation, more practical reform measures will be introduced in the future to create a more open and friendly market environment for global investors.
Wu Qing pointed out that international investors have played an important role in the growth and development of China's capital market. In the future, the focus will remain on market-oriented, legal, and international reform directions, continuously optimizing market rules and enhancing transparency to provide better services and environments for investors participating in the Chinese market. He also emphasized the continued close cooperation with Hong Kong regulatory bodies to promote mutually beneficial and coordinated development between mainland and Hong Kong capital markets.
Meanwhile, Qiu Yong, Chairman of the Shanghai Stock Exchange, remarked at the forum via video that in recent years, major international indices have included A-shares as investment targets, with international investors' participation in China's capital market steadily increasing, becoming a major force. He mentioned that the Shanghai Stock Exchange will continue to deepen cooperation with the Hong Kong Stock Exchange in the future, constantly optimizing the Shanghai-Hong Kong Stock Connect mechanism to offer overseas investors more diversified asset allocation choices.
At the forum, multiple experts also expressed strong confidence in the future development of the capital market, believing that the interconnectivity between the mainland and Hong Kong will further advance the internationalization process of the capital market, attracting more international capital inflow and injecting new momentum into regional economic development.
