Shang Fulin, expressed support for Mainland enterprises listed in Hong Kong.

CSRC Chairman Shang Fulin <P> met in Beijing yesterday, Founder Chairman of the SFC pointed out that Hong Kong, Mainland China, Hong Kong's capital markets are highly complementary, both the SFC will continue to strengthen cooperation, China Securities Regulatory Commission to support an international financial center, support .Mainland enterprises listed in Hong Kong, Mainland enterprises to take full advantage of support for domestic and overseas markets, and development and promoting reform. .</ P> <P> both the Mainland and Hong Kong to promote the common development of capital markets, strengthen cooperation in securities regulation and other topics were exchanged. .</ P> <P> Shang Fulin said in the talks, since the H shares in the form of Mainland enterprises listed in Hong Kong since the Mainland and Hong Kong Securities and Futures Commission between the two markets and has maintained close cooperation. .These years of practical experience shows that mainland enterprises listed in Hong Kong not only raised funds but also to the international market through continuous learning, and gradually improve the business concept and business model. .Currently, domestic enterprises listed overseas to raise funds is no longer simple, but more is to improve corporate governance by listed overseas to raise international competitiveness. .For example, in recent years, several commercial banks in China have listed in Hong Kong is an important step in banking reform. .</ P> <P> he said, the CSRC and the Securities and Futures Commission of Hong Kong has an effective communication mechanism. .Memorandum of cooperation in the supervision of two regular meetings under the framework of exchange of supervisory information, discuss cooperation, and achieved remarkable results. .Especially in the split share reform process, the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission smooth communication, cooperation, good for the successful completion of related work to create favorable conditions. .In both places, the Commission launched in 2000 to work in exchange internship program staff, since the implementation of good results. .</ P> <P> Founder, said, consolidate Hong Kong's financial center can not do without the support of the mainland. .Mainland capital abundant, resource-rich market, and Hong Kong early start, the system is relatively mature, the two markets have their own advantages for development. .Hope that the Mainland and Hong Kong's capital markets to further the common development and achieve win-win cooperation. .He also introduced the current capital markets and the Hong Kong Securities and Futures Commission of Hong Kong's regulatory work. .</ P> <P> Founder on October 17, 2006 by the Hong Kong Special Administrative Region Government appointed Chairman of the Hong Kong Securities and Futures Commission, charged with the development direction and policy of the Hong Kong Securities and Futures Commission the task. .</ P> <P> China Securities Regulatory Commission Vice-Chairman Mr. Tu, Assistant to Chairman Liu Xinhua, the Hong Kong SFC Executive Director Alexa Lam, Lui, Brian Ho, attended the talks. .</ P>.