June 17, 2026 — Shenwan Hongyuan chairman Liu Jian said expanding cross-border
investment between Shanghai and Hong Kong will reinforce both cities’
international financial center status and accelerate China’s development as a
financial power. He said building a top-tier international financial center
requires top-tier investment banks and called on securities firms, as core
capital-market intermediaries, to pursue four roles in parallel: organizer of
cross-border integrated financial services, provider of RMB internationalization
products and services, promoter of international pricing for Chinese assets, and
connector of the Belt and Road financial ecosystem. He urged securities firms to
adopt a more proactive, professional role in Shanghai–Hong Kong coordination.