CSRC chairman Wu Qing, speaking at the RMB government bond futures listing
ceremony in Hong Kong, said Hong Kong remains a bridgehead for mainland
financial institutions and that the regulator will support more qualified
securities and fund firms to operate and list in Hong Kong. He said the CSRC is
studying expansion of mutual recognition of securities and futures professional
qualifications between the mainland and Hong Kong to facilitate cross-border
employment. The CSRC will deepen regulatory cooperation with Hong Kong on
issuance and listings, intermediaries and enforcement, improve risk monitoring
and information sharing, and strengthen coordinated surveillance of cross-border
capital flows to guard against systemic risk.
