China News Service, Dongguan, November 8th (Wang Jian) ​​The 3rd Guangdong-Hong Kong-Macao Greater Bay Area Financial Development Forum co-sponsored by the Financial Research Institute of the Development Research Center of the State Council and the Guangdong Provincial Financial Supervision and Administration Bureau was held in Dongguan, Guangdong on the 8th. The Financial Secretary of the Hong Kong Special Administrative Region Government Chen Maobo and others attended the event.

　　"We will actively integrate into the country's development strategy, grasp the country's support for the financial opening and innovation of the Greater Bay Area, and play its role as a gateway, intermediary and preferred platform for entering and exiting the mainland market." Chen Maobo said at the forum.

　　"Hong Kong is an international financial center, which will contribute to the high-quality financial development of the Greater Bay Area." Chen Maobo said at the forum. The "Guangdong-Hong Kong-Macao Greater Bay Area Development Plan Outline" affirms and supports Hong Kong as an international financial center and a global offshore RMB business hub , The status of an international asset management center and a risk management center, and the creation of a green financial center in the Greater Bay Area and an investment and financing platform serving the construction of the “Belt and Road”.

　　Chen Maobo believes that with the development of the Greater Bay Area, the exchanges and business activities of residents in Guangdong, Hong Kong and Macao will become more convenient and more frequent, and the demand for financial services will also become more intense.

Guangdong-Hong Kong financial cooperation should focus on facilitating the flow of people, logistics and capital in the region, and complementing each other's advantages to improve financial services.

　　"Hong Kong is an ideal listing platform for companies all over the world." Chen Maobo told reporters that in the first nine months of 2020, Hong Kong's total IPO funds raised reached 211.4 billion Hong Kong dollars, an increase of 58% over the same period last year, temporarily ranking third in the world.

In addition, Hong Kong has always been an ideal platform for mainland companies to "go out". Now more than half of the companies listed on the Hong Kong Stock Exchange are mainland companies, which account for more than 80% of the total value of the Hong Kong stock market.

　　Chen Maobo analyzed that Hong Kong can make five contributions to the financial development of the Greater Bay Area.

First, Hong Kong can help promote the internationalization of the renminbi; second, Hong Kong can continue to serve as an international financing platform for mainland enterprises and provide diversified capital; third, Hong Kong can actively play the role of a safe haven for funds to provide mainland enterprises with overseas investment Funds provide parking and management services; fourth, Hong Kong can contribute to risk management; fifth, Hong Kong can play its role as a green financial center in the Greater Bay Area.

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