TREE NEWS update: Ding Xiangqun, party secretary and director of China’s National Financial Regulatory Administration, met Hong Kong Financial Secretary Paul Chan on September 21. The meeting also included Treasury Secretary Christopher Hui, HKMA chief executive Eddie Yue and SFC chief executive Julia Leung. The two sides exchanged views on economic and financial development in the mainland and Hong Kong, deepening connectivity between their financial markets and consolidating Hong Kong’s status as an international financial centre.
China’s Financial Regulator Ding Xiangqun Meets Hong Kong Financial Secretary Paul Chan
AI take
The presence of both the HKMA and SFC chiefs alongside the financial secretary signals this was a regulatory-coordination meeting, not a courtesy call, which matters more for market infrastructure than for any single asset. For crypto and RWA participants, Hong Kong's role as the mainland's regulated gateway means the pace of cross-border connectivity work is the variable to track. Whether such high-level engagement translates into concrete mutual market-access measures, or remains a standing dialogue, is the open question.
Generated by AI for reference only.
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