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: organiser of cross-border integrated financial services,

2026-06-17

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: organiser of cross-border integrated financial services, provider of RMB internationalisation 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.