China News Service, Hong Kong, July 8th. On the 8th, the Hong Kong Stock Exchange announced the establishment of the China Business Advisory Committee (Consultative Committee), which is composed of senior industry experts with profound knowledge and experience in the Chinese market. It will be responsible for China’s financial market and economic development. Advisor to the Board of Directors of the Hong Kong Stock Exchange.

  The appointed advisory committee members are Hu Zuliu, chairman of Chunhua Capital Group, Ma Weihua, former president of China Merchants Bank, and Zhang Lei, chairman and CEO of Hillhouse Capital Group. The chairman of the advisory committee is Shi Meilun, chairman of the Hong Kong Stock Exchange.

Other members include Hong Kong Stock Exchange non-executive director Zhang Yichen and group chief executive Ou Guansheng.

The advisory committee meets several times a year.

  On the 8th, the Hong Kong Stock Exchange also announced the establishment of the Mainland Market Group, chaired by Ou Guansheng, CEO of the Hong Kong Stock Exchange Group. The members include Mainland Chinese industry and market participants. They will share their experience through regular meetings and contribute to the Hong Kong Stock Exchange’s projects in Mainland China. Provide comments and suggestions.

  Shi Meilun, Chairman of the Hong Kong Stock Exchange, said: "Being based in China is the core strategy of the Hong Kong Stock Exchange. We are committed to further enhancing the role of the Hong Kong Stock Exchange and Hong Kong as a bridge between China and the world. The newly established China Business Advisory Committee and the Mainland Market Group will Provide valuable support for the Hong Kong Stock Exchange to advance China's development strategy in the future."

  In addition, the Hong Kong Stock Exchange disclosed on the 8th that Shan Weijian, chairman and CEO of Pacific Alliance Investment Group, joined its international advisory committee.

It is reported that the committee was established in 2019 and is composed of economic, commercial, technical and financial experts from all over the world, serving as advisors to the board of directors of the Hong Kong Stock Exchange.

With the joining of Shan Weijian, the International Advisory Committee is now composed of seven members.

  Shi Meilun said that it is a great honor to welcome Hu Zuliu, Ma Weihua, Zhang Lei and Zhang Yichen as the founding members of the China Business Advisory Committee, and Shan Weijian to the International Advisory Committee.

"They are all well-respected business and financial leaders with rich experience. We are opening a new page in the development of the Hong Kong Stock Exchange. I look forward to their valuable opinions." (End)