The Securities and Futures Commission (SFC)’s Chief Executive Officer, Ms Julia Leung, and Mr Rico Leung, the SFC’s Executive Director of Supervision of Markets, concluded their three-day visit in Shanghai today.
During the visit, Ms Leung accompanied the Financial Secretary, Mr Paul Chan, in a meeting with the China Securities Regulatory Commission (CSRC)’s Chairman, Mr Wu Qing. They exchanged in-depth views on the latest developments in the capital markets of both the Mainland and Hong Kong, continuously optimising and improving mutual market connectivity, and reinforcing Hong Kong’s position as an international financial centre.
In addition, Ms Leung attended the 2026 Lujiazui Forum and delivered a speech at “Plenary Session IV: Empowering High-standard Financial Opening-up Through Shanghai-Hong Kong Financial Synergy”. She outlined the vision for Hong Kong as the premier offshore RMB business hub to work closely with the Mainland to develop a comprehensive RMB product ecosystem, at a time when offshore RMB development is entering a new historic window of opportunity (Note 1).
Ms Leung and her delegation also called upon a few financial regulators and market trading and clearing houses in Shanghai. They exchanged views on various matters, such as how Hong Kong can better support the Mainland’s capital market internationalisation strategy and the opening up of financial products, as well as jointly advancing high-quality, coordinated development between Shanghai and Hong Kong as international financial centres (Note 2).
Notes:
- For details, please refer to the speech dated 17 June 2026.
- Including the CSRC Shanghai Bureau, the Shanghai Stock Exchange, the Shanghai Futures Exchange, the China Financial Futures Exchange, the Shanghai Clearing House, the China Foreign Exchange Trade System, and the Shanghai Gold Exchange, etc.
