news.gov.hk – FS attends signing ceremony


Financial Secretary Paul Chan witnessed the signing of the Cooperation Framework Agreement between the Hong Kong Monetary Authority (HKMA) and the Silk Road Fund (SRF) in forming a Belt & Road investment platform in Beijing this morning.

 

Under the co-operation framework agreement, the HKMA and the SRF agree to form a Belt & Road investment platform, and intend to jointly contribute no more than RMB15 billion, or equivalent, in phases.

 

Additionally, the HKMA and the SRF will leverage their respective advantages in capital, information, technology and management to explore onshore and offshore investment opportunities, and provide financial support to the Belt & Road Initiative.

 

In the first phase, both sides will jointly form the BNR HK Flagship Impact Fund, with total capital not exceeding US$1 billion or equivalent in renminbi, which will focus on investing in projects in areas such as energy transition and infrastructure, and explore investment opportunities with environmental, social and governance-related themes.

 

Before attending the signing ceremony, Mr Chan called on People’s Bank of China Governor Pan Gongsheng. They exchanged views on issues such as the macro economic situation as well as the management and development of financial services.





Source link

Visited 1 times, 1 visit(s) today

Related Article

Hong Kong heritage advisers back listing of temple, former hospital as monuments

Hong Kong heritage advisers back listing of temple, former hospital as monuments

Heritage advisers have given the green light for Hong Kong’s first maternity hospital for Chinese residents and a 130-year-old temple to be declared monuments. The Antiquities Advisory Board discussed on Thursday the Antiquities and Monuments Office’s proposal to upgrade the heritage status of the Old Tsan Yuk Maternity Hospital’s main building in Sai Ying Pun

13 March 2025
Deliveroo faces compliance check as it plans Hong Kong exit

Deliveroo faces compliance check as it plans Hong Kong exit

Hong Kong’s privacy watchdog is conducting a compliance check as the food delivery service plans its market exit. Credit: Victor Velter/Shutterstock. Hong Kong’s privacy watchdog has initiated a compliance check on Deliveroo, following the company’s announcement to cease operations in the city, as reported by the South China Morning Post.   The move by the

13 March 2025
2 Hong Kong schools won’t run subsidised Primary One classes in 2025-26

2 Hong Kong schools won’t run subsidised Primary One classes in 2025-26

Two Hong Kong schools in areas with declining school-age populations will not run any subsidised Primary One classes in the 2025-26 academic year, education authorities have said, as the city wrestles with shrinking student numbers. The Education Bureau sent letters on Thursday to all subsidised and government primary schools to inform them about class structures

13 March 2025
(Amber)

Amber promoted to three MICHELIN-starred restaurant

(Amber) (Ami) (Plaisance by Mauro Colagreco) (TUBER Umberto Bombana) Previous Next Amber, a distinguished restaurant in Hong Kong, has been elevated to the prestigious rank of three MICHELIN stars in the 17th edition of the MICHELIN Guide Hong Kong & Macau 2025 on Thursday. The announcement was

13 March 2025
Bust of a Woman by Pablo Picasso is shown during the media preview of the exhibition. Photo: Nora Tam

Hong Kong’s M+ museum to show Pablo Picasso’s works through Asian lens

Hong Kong’s M+ museum will showcase Pablo Picasso’s works through a contemporary Asian lens, alongside complementary pieces by modern artists from the region, according to the show’s curator. M+ artistic director and chief curator Doryun Chong also said at the exhibition preview on Thursday that providing creative content for tourists to come back to “again

13 March 2025
Hong Kong Airlines Airbus A330-300 landing at MLA shutterstock_2369173959

Hong Kong Airlines Starts Daily Flights To Vancouver In May

Hong Kong Airlines, which had resumed services from Hong Kong to Vancouver, Canada, in January, has now potentially filed a significant capacity increase on the route. From twice-weekly to daily As flagged by AeroRoutes, Hong Kong Airlines filed a frequency increase on flights between Hong Kong International Airport (HKG) and Vancouver International Airport (YVR). The

13 March 2025
Hong Kong prisons officer charged with fraud over HK$1.5 million in loans

Hong Kong prisons officer charged with fraud over HK$1.5 million in loans

Hong Kong’s anti-corruption agency has charged a 49-year-old correctional services officer with fraud after he allegedly deceived a credit union and three financial institutions into granting him 17 loans totalling more than HK$1.5 million (US$193,050). Jivcons Man Wai-kit, an assistant officer at the Correctional Services Department (CSD), was charged with 17 counts of fraud and

13 March 2025
Bust of a Woman by Pablo Picasso is shown during the media preview of the exhibition. Photo: Nora Tam

Hong Kong’s M+ museum to show Pablo Picasso’s works through Asian lens

Hong Kong’s M+ museum will showcase Pablo Picasso’s works through a contemporary Asian lens, alongside complementary pieces by modern artists from the region, according to the show’s curator. M+ artistic director and chief curator Doryun Chong also said at the exhibition preview on Thursday that providing creative content for tourists to come back to “again

13 March 2025
Hong Kong’s flower show set to bloom despite budget cuts

Hong Kong’s flower show set to bloom despite budget cuts

Hong Kong’s annual flower show is set to attract about 650,000 visitors over 10 days, and will feature new additions such as busking street performances and floral art demonstrations, despite a 7 per cent cut to its budget. The show, which will run from this Friday until March 23 in Victoria Park at Causeway Bay,

13 March 2025
Hongkongers should be allowed to store embryos indefinitely: statutory body

Hongkongers should be allowed to store embryos indefinitely: statutory body

Hongkongers should be allowed to store embryos for as long as they want, regardless of the age, sex or medical conditions of the residents, a statutory body has said, amid a decline in the number of childbirths. The Council on Human Reproductive Technology raised the suggestion in a paper published on Thursday, with a month-long

13 March 2025

Apple supplier Lens Technology joins list of Chinese firms planning Hong Kong IPOs

More new share offerings from Chinese firms are headed for the Hong Kong stock exchange, which analysts predict will return to being the world’s top initial public offering (IPO) venue this year. Lens Technology, Apple‘s iPhone glass supplier, said on Thursday that its board approved a plan to list in Hong Kong. It did not

13 March 2025
Hong Kong’s ombudsman calls for tougher action against illegal parking in estates

Hong Kong’s ombudsman calls for tougher action against illegal parking in estates

Hong Kong’s ombudsman has urged housing authorities to crack down harder on illegal parking at public housing estates after its investigation revealed an “unsatisfactory” situation in which some vehicles obstructed emergency access routes. Ombudsman Jack Chan Jick-chi on Thursday acknowledged that there were enforcement challenges but nonetheless stressed that the problem could lead to serious

13 March 2025
The Transport Department said at 3.40pm that some of the highway’s lanes near the West Kowloon Government Offices were closed to traffic due to the accident. Photo: Handout

Hong Kong man dies after van crashes into fire engine on West Kowloon Highway

A Hong Kong man has died after his van crashed into a fire engine on West Kowloon Highway. Police said the 44-year-old man was driving along the highway in the direction of Kwai Chung when he crashed into the emergency vehicle near Tai Kok Tsui’s Olympian City shopping and residential complex at around 2.10pm on

13 March 2025
Hong Kong team develops test that detects nasopharyngeal cancer with 97% accuracy

Hong Kong team develops test that detects nasopharyngeal cancer with 97% accuracy

A Hong Kong research team has developed a new screening method that detects the DNA of a virus associated with nasopharyngeal cancer in blood, enabling the early identification of high-risk patients with an accuracy of up to 97 per cent. The team from the Chinese University of Hong Kong (CUHK) released the results of the

13 March 2025
0
Would love your thoughts, please comment.x
()
x