China and Hong Kong Announce New Measures to Deepen Capital Market Cooperation

Dragon Media News Desk

The China Securities Regulatory Commission and the Securities and Futures Commission of the Hong Kong Special Administrative Region have jointly announced a series of new measures to deepen practical cooperation and coordinated development between the two capital markets.

Under the measures announced on Monday, qualified mainland Chinese companies will receive support to list in Hong Kong. Eligible companies listed in Hong Kong will also be encouraged to raise capital in mainland securities markets and issue corporate bonds on the mainland.

The arrangement is expected to expand corporate access to both markets and facilitate the cross-border mobilisation of financial resources. It will also allow qualified Hong Kong companies to make broader use of mainland capital-market instruments to support innovation and business development.

Index providers from the mainland and Hong Kong will be encouraged to cooperate in developing more indices based on Chinese assets. The initiative is intended to strengthen the international visibility and global influence of Chinese indices and financial assets.

Procedures will also be simplified for qualified Hong Kong securities and futures professionals seeking licences to work on the mainland. The measure is expected to promote the movement of financial professionals, expertise and services between the two markets.

The two regulators pledged to strengthen cooperation in market-risk monitoring, regulatory information sharing and global financial governance.

They will also improve coordination in identifying and managing potential risks arising from cross-border financial activities.

The new measures are expected to reinforce Hong Kong’s position as an international financial centre while strengthening its role as a bridge connecting mainland China’s capital market with global investors.