 |
 | |||||||||
| |||||||||
|
| |||||||||
| |||||||||
| Cepa opens new opportunities for securities industry ( 01/12/2003 ) | |||||||||
An agreement was reached recently between the Securities and Futures Commission and the China Securities Regulatory commission, under the guidelines of Cepa. From 1 January 2004, the procedures will be simplified for Hong Kong-based professionals applying in the mainland for securities and futures industry qualifications. Speaking at a seminar recent for the securities industry, Mr Ma said the new agreement would directly benefit the industry. "Professional services are one of Hong Kong's many competitive advantages," said Mr Ma. "Cepa has created certain conditions for professionals to practise and expand their businesses on the mainland. "This agreement under Cepa will facilitate exchange of talents and strengthen Hong Kong's status as the capital formation centre for the Chinese mainland," said Mr Ma. "Additionally, the setting up of a representative office in Beijing by the Hong Kong Exchanges and Clearing Ltd under Cepa will be conducive to attracting more mainland enterprises to list in Hong Kong. This will enhance the development of Hong Kong's financial market and bring more opportunities to the local securities industry." Mr Ma said that Cepa had instilled new impetus into Hong Kong's economy and increased its competitiveness. It has also enabled the mainland to attract more capital and professionals from Hong Kong. Related links: | |||||||||
| |||||||||
|
|
