
Beijing is encouraging mainland China’s financial firms to use the city to go global, as well as urging Hong Kong-listed companies to list on the mainland, the head of the country’s securities regulator said on Monday.
“Mainland financial institutions have been using Hong Kong to go global. There are many mainland securities and futures firms setting in Hong Kong, while some of them do not have operation in Beijing but they have shops [here],” said Wu Qing, chairman of the China Securities...
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