--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
SPORTS
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Trade & Foreign Investment

Hot Links
China Development Gateway
Chinese Embassies

CEPA Helps Internationalize Mainland Banks

A free trade pact between the mainland and Hong Kong was expected to bring more international practices of the global financial market to mainland banks, Ma Weihua, president of the China Merchants Bank, said at a meeting in Shenzhen that closed Sunday.

The two-day First Shenzhen Summit Meeting for the China Entrepreneurs Forum, which were attended by famous Chinese economists, entrepreneurs and senior government officials, focused on the study about how the Chinese enterprises could survive and develop in a fast-changing global market.

"Under CEPA, the mainland and Hong Kong could open their capital markets to each other, which may greatly help mainland banks' stock ownership get more internationalized," said Ma.

"The capital market on the mainland can not meet the demand of the local banks, which, under the CEPA framework, could get listed in Hong Kong and raise more money through this new important channel," he said.

Under CEPA, mainland banks could cooperate further with their Hong Kong counterparts in developing new financial services such as capital securitization and new financial derivatives, he said.

As CEPA encourages mainland banks to buy or merge medium and small-sized financial institutions in Hong Kong, which is also a significant way for mainland banks to get internationalized, Ma said.

But three prerequisites would be required for those planning to conduct merges in Hong Kong, that is, an internationalized management, a strong favorable reputation, as well as an overseas listing, he said.

Hong Kong banks may also benefit from the CEPA, which reduces many limitations for them to enter and operate business on the mainland, Ma said.

China will open its financial sector to full foreign competition in 2006 in line with the country's World Trade Organization commitments.

(China Daily August 31, 2004)

CEPA Accelerates HK-Henan Economic Cooperation
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688
主站蜘蛛池模板: 2019天堂精品视频在线观看| 中国大臿蕉香蕉大视频| 欧美性活一级视频| 任你躁欧美一级在线精品| 练瑜伽的时候进入| 国产亚洲欧美在线| 国产成人yy免费视频| 国产精品国产精品国产专区不卡 | 特级毛片视频在线| 免费观看黄网站| 精品精品国产高清a毛片| 国产三级精品三级男人的天堂| 91九色视频在线观看| 国产精品99久久免费观看| 911精品国产亚洲日本美国韩国| 天天射天天操天天| yy22.tv夜月直播| 影院成人区精品一区二区婷婷丽春院影视 | 亚州春色校园另类| 欧美一级黄色片视频| 亚洲图片欧美另类| 欧美精品stoya在线| 亚洲精品国产电影| 激情三级hd中文字幕| 人妻免费久久久久久久了| 男朋友吃我的妹妹怎么办呢| 全彩成人18h漫画在线| 精品国产福利久久久| 午夜激情福利视频| 精品无码一区二区三区爱欲 | 欧美福利一区二区三区| 亚洲欧美日韩精品久久奇米色影视| 特级aa**毛片免费观看| 人体大胆做受免费视频| 男人肌肌捅女人肌肌视频| 伊人激情久久综合中文字幕| 男女混合的群应该取什么名字 | 国产亚洲综合一区二区在线| 韩国理论片中文字幕版电影| 国产午夜福利100集发布| 顶级欧美色妇xxxxx|