Home>Events

CCG Hong Kong Council Explores Opportunities for Securities Companies to Go Abroad

Wednesday,Jan 10, 2018

2018011510543595

The newly-established CCG Hong Kong Council held its first event in 2018 on Jan. 10, discussing the potential opportunities for Chinese security industry to expand abroad.

201801151057155983

20180115105707476

 

The event gathered a dozen of financial and securities industry leaders from China’s mainland and Hong Kong, including Sun Xiangyi, Minister of Economy of the Liaison Office of the Central People’s Government in Hong Kong; Zhang Yichen, Chairman of CCG Hong Kong Council and CITIC Capital President & CEO, and Chen Shuang, founding CEO of China Everbright Bank Company, to exchange their views and opinion regarding securities globalization.

A number of policy advice has been proposed to the central government and Hong Kong authorities on how to strengthen the role of securities industry in Hong Kong financial risk management and financial market system in the new era. The attendees also recommended the measures to enhance the communications between security industry and supervision authorities in an effort to improve Hong Kong’s competitiveness as China’s international financial center.

201801151100001174

201801151100578666

201801151101097445

 

In addition, the event also discussed the issues including the development Chinese financial institutions in Hong Kong and Chinese companies’ M&A activities abroad. The attendees believe that the Chinese companies based in Hong Kong are benefited from the State Council’s policy measures on promoting foreign investment and will maintain the strong growing momentum. However, there is still room for Chinese companies to improve the quality of their overseas M&A investment. They can learn from foreign companies to accelerate their own corporate culture development and management reform.

201801151101362952

 

CCG Hong Kong Council, which was established in November last year thanks to the support of many local organizations, companies, and academic institutions. It is committed to provide recommendation to help SAR authorities and central government make sound policies and to contribute Hong Kong’s best practice and experience in global governance on regional integration. Leveraging Hong Kong’s capabilities of integrating the strength of both West and East, the Council aims to find the ways to improve Hong Kong’s international competitiveness and make it a hub of global innovation and talent cultivation.

 

 

  • China to create its first immigration office to lure talent

    “China didn’t need to do that over past decades because it had double-digit growth simply by enjoying the demographic dividend,” said Wang Huiyao, president of the Center for China and Globalization(CCG), a research center that advises the government. “But now it needs a new dividend of foreign talent to help support economic growth.”

  • Private firms taking the lead in ODI

    Wang Huiyao, director of the Center for China and Globalization (CCG) in Beijing, says private companies tend to be flexible and can respond quickly to changing environments overseas.

  • Young science in an old city

    the Beijing-based Center for China and Globalization(CCG), an independent think tank an hour’s drive from the Ming tombs, co-published a report setting out some of the problems the country has faced in attracting more overseas talent. Whereas international recruitment figures are dismal in comparison with other developed countries, the report suggests further changes to China’s research system that might improve its showing. These suggestions are likely to be taken seriously in Beijing’s political sphere.

  • 【Bloomberg】Why a Chinese Billionaire Was Studying in the U.S. Before Arrest

    “If you have a better degree and better education you get more recognition,” said Wang Huiyao, founder of the Center for China and Globalization(CCG), a think-tank that advises the government. “China pays more attention to education.”

  • Wang Yiwei: Belt and Road forum will clear many doubts

    This May will witness China seeking viable solutions to the problems facing the global economy at the Beijing-based Belt and Road Forum for International Cooperation, where over 20 countries’ leaders have confirmed their participation.