At the Lujiazui Forum plenum on June 17, Fang Xinghai, former CSRC vice‑chair
and vice‑president of the Chinese Finance Society, said a number of mainland
quantitative investment firms have matured and are keen to expand operations in
Hong Kong. He urged Hong Kong financial authorities to actively recruit these
firms and said coordinated arrangements among Hong Kong, Shanghai and Shenzhen
would help draw more international capital into both Hong Kong and the mainland.