Macao securities fund industry association established

2021-11-10

The Macao Securities Fund Industry Association, led by industrial and Commercial Bank of China (Macao) Co., Ltd. (hereinafter referred to as "ICBC Macao"), was established in Macao on the 9th and held an inauguration ceremony at the same time. Under the oath of Chen Shouxin, chairman of the administrative committee of the Macao monetary authority, Jiang Yisheng, President of the Macao securities fund industry association and chairman of ICBC Macao, led a group of members of the board of directors and supervisors to take the oath of office, promising unity, cooperation, professionalism and self-discipline; Contact the industry and make suggestions; Revitalizing the economy and serving the society; Based in Macao and radiating the bay area; Promote the healthy development of Macao's capital market. Jiang Yisheng said in his speech that the establishment of Hengqin Guangdong Macao deep cooperation zone has provided a new opportunity for the innovative layout of the securities market and the development of modern finance. The establishment of the association, on the one hand, condenses the consensus of the industry, assists the SAR Government in improving the ecological construction of the industry as soon as possible, and attracts all kinds of influential securities and fund companies in the industry to join the Macao market; On the other hand, it has gathered professional forces in the industry, made suggestions and positive actions for the SAR government and regulators, continuously improved the financial infrastructure, and created a competitive securities fund market in Macao. In his speech, Li Weinong, economic and Financial Secretary of the Macao SAR government, said that the overall plan for the construction of Hengqin Guangdong Macao deep cooperation zone issued by the central government gave Shenzhen cooperation zone a number of "first and first try" innovative policies, which brought significant opportunities for Macao to develop modern financial industry and promote appropriate economic diversification. He expects the newly established Macao securities fund industry association to actively unite the industry, make concerted efforts to promote the development of modern financial industry, play an active role in promoting the healthy development of the industry, training professionals and improving the professional service capacity of the industry, and strive to create a standardized, orderly and innovative industry ecology. It is understood that the members of Macao securities fund industry association come from Macao and Shenzhen cooperation region, covering financial institutions and professional legal institutions such as securities, funds, exchanges and fully licensed banks, and are widely representative. Ho Hau Wah, vice chairman of the National Committee of the Chinese people's Political Consultative Conference and honorary president of the Macao Securities Fund Industry Association, Yao Jian, deputy director of the Liaison Office of the Macao Central Committee, representatives of the Legislative Council of the Macao Special Administrative Region, the Macao Special Administrative Region Government and the Macao monetary authority, all members of the board of directors and supervisors of the association, representatives of member institutions and securities fund industry from the Shenzhen cooperation region attended the inaugural meeting. (outlook new era)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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