Li Jiachao: Actively expanding the market and deepening overseas network

Jinshi data, October 16th, Hong Kong Special Administrative Region Chief Executive Li Jiachao said, we will continue to actively expand and deepen overseas networks, host more international financial events, and seek further cooperation in the financial field with Islamic markets. Measures include: 1. Expanding new overseas funds, implementing ETFs that track the Hong Kong stock index and are listed in the Middle East, attracting local funds to allocate Hong Kong stocks; 2. Striving for corporate listings, making good use of the advantages of interconnection with the mainland market, attracting international companies to list in Hong Kong, and promoting large mainland enterprises to list in Hong Kong, striving to achieve more iconic public offerings in the short term; 3. Optimizing listing approvals, the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange will announce specific measures to further optimize the listing approval process, making the listing application approval time more certain; 4. Enhancing market efficiency, dropTransaction Cost, including reviewing the deposit arrangements for Margin, optimizing the requirements for Margin and Collateral, and so on.