Hongkong Finance Giant 3 Will Visit Beijing Market Next Week To Focus On Shanghai And Hong Kong

Next Tuesday to four, "one line and three meetings".

The three party will meet with the finance ministries such as the central bank, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission (namely, "one line, three meetings").

News refers to the three major financial officials who attend regular annual ceremonial visits in Beijing, but there are concerns among the industry. When officials visit Beijing, they focus on financial cooperation between the two places. Although they admit whether the trip can bring a real announcement or a low expectation, they expect more clear guidance.

A spokesman for the Treasury Bureau and the HKMA did not respond to the visit.

Some people in the government said that the trip was a regular visit, rather than a special arrangement for the situation in Hongkong and the extension of Shanghai and Hong Kong through such delays. However, frankly speaking, the two sides' meeting is interactive and the content can be very broad.

It is understood that the visit to Beijing will last three days from next Tuesday to four (from November 4th to 6th).

The three financial officials visited Beijing together for many years, and will be held in late autumn.

It is understood that the process has met with a number of important regulators in the mainland, including the people's Bank of China, the development and Reform Commission, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission.

On Sunday, whether the market doubts were postponed or shelved after the failure of the Hong Kong and Shanghai Tong pass?

Chen Lide, chairman of the Hongkong Securities Association, pointed out that the two brokerages completed investment in the system. The China Hong Kong Stock Exchange and the securities and Futures Commission have made preparations for the completion of the system. Hong Kong and Hong Kong have been waiting for the leaders to announce the opening. They hope to announce the opening date at least in November, so as to solve the anxiety of the market.

Although it was not opened in October, China Securities Regulatory Commission and Shanghai stock exchange continued to work.

Yao Gang, vice chairman of the securities and Futures Commission, said at the forum yesterday that all preparations for Shanghai and Hong Kong have reached the final stage.

The Shanghai Stock Exchange informed mainland brokerages in the past two days that the Hong Kong Stock Exchange (South Hong Kong Stock Exchange) was tested on Saturday (November 1st).

A spokesman for the Hong Kong Stock Exchange said that the test only involved in the southern trading system. The HKEx would cooperate with the Shanghai Stock Exchange, but it did not involve "Shanghai Stock Exchange" (northward trading).

Hongkong brokers will not take part in the test this week.

According to the notice issued by the two exchanges earlier, the two brokerages and exchanges will conduct a "full network test" on the weekend before the Shanghai and Hong Kong Exchanges, so that the parties are ready.

Acting financial secretary Chen Jiaqiang said yesterday that there is no opening time for Hong Kong and Shanghai to be announced, but the details of each link will continue to be prepared for the early opening of the relevant units.

The situation in Hongkong has caused market investors to stabilize Hongkong's long-term financial market. Maybe they began to ask some questions, and whether they would be damaged by confidence.