Canadians Urged to Access China through 
Hong Kong

Hong Kong’s pivotal role as the gateway to the China market, and its potential for Canadian business, was the focus of a recent address by Hong Kong’s Secretary for Financial Services and the Treasury, M. Frederick Ma, in Canada. 

In his keynote speech at the 90th annual conference of the Investment Industry Association of Canada, held in Whistler, on June 25, Mr. Ma encouraged the Canadian securities industry to use Hong Kong as a platform to access the business and investment opportunities arising from the Mainland's robust economic growth.

Mr. Ma described Hong Kong as not only a vibrant international financial centre, but also the premier capital formation centre for Mainland China. “With our unique strengths and close ties with the Mainland, we provide an excellent financial intermediation channel for funds flowing into and out of the Mainland,” he said. “There is no shortage of lucrative investment and business opportunities, and more and more prestigious fund houses and other financial institutions are coming to Hong Kong.” 

He advised his audience of some areas where Hong Kong could facilitate Canadian companies to explore the business and investment opportunities available on the Mainland. "With 13 years of experience in raising capital for Mainland companies, Hong Kong has firmly established its position as the preferred listing venue for Mainland enterprises," said Mr. Ma. 

Noting that there were only a few Canadian brokerage firms in Hong Kong, operating on a limited scale, Mr Ma encouraged Canadian investment dealers to take advantage of the excellent prospects of Hong Kong's asset management industry and to use Hong Kong as a base for regional expansion.

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