Latest news with #PaulChan
South China Morning Post
a day ago
- Business
- South China Morning Post
‘Credible' new global mediation body will draw investors to Hong Kong: Paul Chan
The new International Organisation for Mediation launched in Hong Kong will be an efficient, fair and credible mechanism for dispute resolution and attract investors from the Global South as the economy shifts towards these developing countries, the city's finance minister has said. Advertisement Secretary for Finance Paul Chan Mo-po said on Sunday the inauguration of the China-led body on Friday established Hong Kong's role as the global legal and mediation centre for the Asia-Pacific region. 'An efficient, fair, just, and credible dispute resolution mechanism is one of the important pillars for promoting more international investment and trade, and helps to enhance investor confidence,' Chan wrote in his weekly blog. 'As China's only common law jurisdiction, Hong Kong has excellent rule of law, comprehensive legal and dispute resolution services, coupled with a trilingual environment and tolerance for different cultures, making it the most ideal location for the International Organisation of Mediation.' Chan also said that the establishment of the legal body would enhance the competitiveness of Hong Kong's international financial, trade and shipping industries, and promote good ties with the Global South, referring to countries in Africa, Latin America and Southeast Asia. Advertisement Chan noted that the global economy was 'shifting eastward', and developing countries in Asia, including China, which made up one-quarter of the world's gross domestic product, wanted more say on global governance. 'In recent years, more Asian and African countries have also stated their desire to adopt mediation as an alternative to arbitration for resolving disputes,' said Chan, noting that mediation was more 'flexible, economical and efficient' than arbitration.
RTHK
a day ago
- Business
- RTHK
Mediation body enhances investors confidence: FS
Mediation body enhances investors confidence: FS Paul Chan says the mediation body helps strengthen Hong Kong's status as an international legal and dispute resolution services centre. File photo: RTHK Financial Secretary Paul Chan on Sunday said setting up an international mediation body in Hong Kong helps enhance the city's competitiveness as an international financial, trade and shipping centre. Last week, a total of 33 countries signed the Convention on the Establishment of the International Organization for Mediation at a ceremony held in the SAR. Writing on his blog, Chan said authorities will push forward relevant work at full speed, and strive to put the organisation into operation as early as the end of this year. He said an efficient, fair and trusted dispute resolution mechanism is crucial for promoting more international investment and trade, and it helps boost investor confidence. Chan said Hong Kong has gained trust from different parties under the "One Country, Two Systems" principle, and is taking advantage of the SAR's unique role as the only common law jurisdiction within the nation. He added that the mediation body helps strengthen Hong Kong's status as an international legal and dispute resolution services centre in the Asia-Pacific region. Meanwhile, Chan pointed out that Hong Kong's economic and trade ties with Global South countries have been deepening, since Asia's first Saudi Arabia exchange-traded fund was listed in the SAR in 2023. He said Hong Kong has had frequent exchanges with Saudi Arabia's financial market, and that there has been more cooperation with Global South countries on aspects such as innovation and technology, the digital economy and tourism.
The Sun
3 days ago
- Business
- The Sun
A Decade of Excellence: Huatai Securities Celebrates H-Share Anniversary
· Huatai Securities has continuously expanded its international presence since its H-share listing a decade ago. · Over the past ten years, Huatai Securities has facilitated nearly 600 domestic and international financing deals for enterprises globally, with a total fundraising volume of approximately USD 280 billion. HONG KONG SAR - Media OutReach Newswire - 30 May 2025 - As Huatai Securities approaches the 10th anniversary of its H-share listing, the Company recently hosted a forum in Hong Kong themed 'Technology Reshaping Hong Kong's Financial Future,' underscoring its commitment to expanding its international presence by fostering innovation and collaboration in Hong Kong and beyond. The event convened guests from the government, academia, business partners, and the investment community to explore strategic pathways for Chinese enterprises to leverage Hong Kong in the restructuring of global industrial chains. Paul Chan, Financial Secretary of the Hong Kong SAR, delivered the opening remarks at the forum, stating: 'Over the past decade, Hong Kong's capital market has continuously advanced through reforms, significantly enhancing its role in connecting the Mainland and the world. Amidst rapid global changes, China's innovative technology sector and its emerging enterprise value are creating new development opportunities for Hong Kong's financial market. Chinese financial institutions are key to this progress, and the SAR government anticipates collaborative efforts to accelerate our capital markets' development.' Carlson Tong, Chairman of Hong Kong Exchanges and Clearing Limited, emphasized the importance of Hong Kong as the Mainland's preferred offshore financing destination: 'In the past decade, Hong Kong has raised over USD 300 billion in IPOs, primarily driven by Chinese enterprises. With technological innovation increasingly shaping our capital market, Hong Kong continues to provide vital financing channels for the global expansion of outstanding Chinese tech companies through ongoing institutional innovation.' Over the past decade, Hong Kong has solidified its position as a leading financial hub, achieving HKD 2.2 trillion in IPO fundraising and ranking first globally on four occasions. As the IPO market regains its status as the second-largest globally in 2025, the increasing interest of Chinese technology companies in international capital reflects a broader transformation within Hong Kong's financial landscape. In this dynamic environment, Huatai Securities has emerged as one of the main participants in Hong Kong's capital markets. Since the Company's H-Share listing, Huatai has facilitated nearly 600 financing deals, amassing a total fundraising volume of approximately USD 280 billion. Since 2022, the Company has sponsored 29 IPOs in Hong Kong, ranking second among all market participants. In the first five months of 2025 alone, the Company sponsored 6 IPOs, maintaining its second-place ranking.[1] Its international footprint extends beyond Hong Kong, with operations in the United States, a GDR listing on the London Stock Exchange, and a licensed subsidiary in Singapore. Zhou Yi, CEO of Huatai Securities, remarked: 'Hong Kong's strengths as an international financial center have been instrumental in helping Chinese enterprises, including Huatai Securities, grow and succeed globally over the past decade. Our focus on client service, innovation, technology, and international expansion has driven our transformation into a global firm. Looking forward, we will continue to partner with domestic and international players to explore new opportunities and create mutual value.' The forum also featured insights from Professor Li Zexiang of HKUST, founder of XbotPark, who shared key achievements from his decade-long efforts to integrate industry, academia, and research. Entrepreneurs from sectors including biopharmaceuticals, consumption, and autonomous driving gathered to discuss how industrial trends and technology shifts are reshaping global strategies and competitiveness for enterprises.
Associated Press
3 days ago
- Business
- Associated Press
A Decade of Excellence: Huatai Securities Celebrates H-Share Anniversary
HONG KONG SAR - Media OutReach Newswire - 30 May 2025 - As Huatai Securities approaches the 10th anniversary of its H-share listing, the Company recently hosted a forum in Hong Kong themed 'Technology Reshaping Hong Kong's Financial Future,' underscoring its commitment to expanding its international presence by fostering innovation and collaboration in Hong Kong and beyond. The event convened guests from the government, academia, business partners, and the investment community to explore strategic pathways for Chinese enterprises to leverage Hong Kong in the restructuring of global industrial chains. Paul Chan, Financial Secretary of the Hong Kong SAR, delivered the opening remarks at the forum, stating: 'Over the past decade, Hong Kong's capital market has continuously advanced through reforms, significantly enhancing its role in connecting the Mainland and the world. Amidst rapid global changes, China's innovative technology sector and its emerging enterprise value are creating new development opportunities for Hong Kong's financial market. Chinese financial institutions are key to this progress, and the SAR government anticipates collaborative efforts to accelerate our capital markets' development.' Carlson Tong, Chairman of Hong Kong Exchanges and Clearing Limited, emphasized the importance of Hong Kong as the Mainland's preferred offshore financing destination: 'In the past decade, Hong Kong has raised over USD 300 billion in IPOs, primarily driven by Chinese enterprises. With technological innovation increasingly shaping our capital market, Hong Kong continues to provide vital financing channels for the global expansion of outstanding Chinese tech companies through ongoing institutional innovation.' Over the past decade, Hong Kong has solidified its position as a leading financial hub, achieving HKD 2.2 trillion in IPO fundraising and ranking first globally on four occasions. As the IPO market regains its status as the second-largest globally in 2025, the increasing interest of Chinese technology companies in international capital reflects a broader transformation within Hong Kong's financial landscape. In this dynamic environment, Huatai Securities has emerged as one of the main participants in Hong Kong's capital markets. Since the Company's H-Share listing, Huatai has facilitated nearly 600 financing deals, amassing a total fundraising volume of approximately USD 280 billion. Since 2022, the Company has sponsored 29 IPOs in Hong Kong, ranking second among all market participants. In the first five months of 2025 alone, the Company sponsored 6 IPOs, maintaining its second-place ranking.[1] Its international footprint extends beyond Hong Kong, with operations in the United States, a GDR listing on the London Stock Exchange, and a licensed subsidiary in Singapore. Zhou Yi, CEO of Huatai Securities, remarked: 'Hong Kong's strengths as an international financial center have been instrumental in helping Chinese enterprises, including Huatai Securities, grow and succeed globally over the past decade. Our focus on client service, innovation, technology, and international expansion has driven our transformation into a global firm. Looking forward, we will continue to partner with domestic and international players to explore new opportunities and create mutual value.' The forum also featured insights from Professor Li Zexiang of HKUST, founder of XbotPark, who shared key achievements from his decade-long efforts to integrate industry, academia, and research. Entrepreneurs from sectors including biopharmaceuticals, consumption, and autonomous driving gathered to discuss how industrial trends and technology shifts are reshaping global strategies and competitiveness for enterprises. [1] Source: Dealogic data. Hashtag: #Huatai #HuataiSecurities The issuer is solely responsible for the content of this announcement. About Huatai Securities Incorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, among others, with a substantial international presence.
Arabian Post
3 days ago
- Business
- Arabian Post
A Decade of Excellence: Huatai Securities Celebrates H-Share Anniversary
Huatai Securities has continuously expanded its international presence since its H-share listing a decade ago. Over the past ten years, Huatai Securities has facilitated nearly 600 domestic and international financing deals for enterprises globally, with a total fundraising volume of approximately USD 280 billion. HONG KONG SAR – Media OutReach Newswire – 30 May 2025 – As Huatai Securities approaches the 10th anniversary of its H-share listing, the Company recently hosted a forum in Hong Kong themed 'Technology Reshaping Hong Kong's Financial Future,' underscoring its commitment to expanding its international presence by fostering innovation and collaboration in Hong Kong and beyond. The event convened guests from the government, academia, business partners, and the investment community to explore strategic pathways for Chinese enterprises to leverage Hong Kong in the restructuring of global industrial chains. Paul Chan, Financial Secretary of the Hong Kong SAR, delivered the opening remarks at the forum, stating: 'Over the past decade, Hong Kong's capital market has continuously advanced through reforms, significantly enhancing its role in connecting the Mainland and the world. Amidst rapid global changes, China's innovative technology sector and its emerging enterprise value are creating new development opportunities for Hong Kong's financial market. Chinese financial institutions are key to this progress, and the SAR government anticipates collaborative efforts to accelerate our capital markets' development.' ADVERTISEMENT Carlson Tong, Chairman of Hong Kong Exchanges and Clearing Limited, emphasized the importance of Hong Kong as the Mainland's preferred offshore financing destination: 'In the past decade, Hong Kong has raised over USD 300 billion in IPOs, primarily driven by Chinese enterprises. With technological innovation increasingly shaping our capital market, Hong Kong continues to provide vital financing channels for the global expansion of outstanding Chinese tech companies through ongoing institutional innovation.' Over the past decade, Hong Kong has solidified its position as a leading financial hub, achieving HKD 2.2 trillion in IPO fundraising and ranking first globally on four occasions. As the IPO market regains its status as the second-largest globally in 2025, the increasing interest of Chinese technology companies in international capital reflects a broader transformation within Hong Kong's financial landscape. In this dynamic environment, Huatai Securities has emerged as one of the main participants in Hong Kong's capital markets. Since the Company's H-Share listing, Huatai has facilitated nearly 600 financing deals, amassing a total fundraising volume of approximately USD 280 billion. Since 2022, the Company has sponsored 29 IPOs in Hong Kong, ranking second among all market participants. In the first five months of 2025 alone, the Company sponsored 6 IPOs, maintaining its second-place ranking.[1] Its international footprint extends beyond Hong Kong, with operations in the United States, a GDR listing on the London Stock Exchange, and a licensed subsidiary in Singapore. Zhou Yi, CEO of Huatai Securities, remarked: 'Hong Kong's strengths as an international financial center have been instrumental in helping Chinese enterprises, including Huatai Securities, grow and succeed globally over the past decade. Our focus on client service, innovation, technology, and international expansion has driven our transformation into a global firm. Looking forward, we will continue to partner with domestic and international players to explore new opportunities and create mutual value.' The forum also featured insights from Professor Li Zexiang of HKUST, founder of XbotPark, who shared key achievements from his decade-long efforts to integrate industry, academia, and research. Entrepreneurs from sectors including biopharmaceuticals, consumption, and autonomous driving gathered to discuss how industrial trends and technology shifts are reshaping global strategies and competitiveness for enterprises. Hashtag: #Huatai #HuataiSecurities The issuer is solely responsible for the content of this announcement. About Huatai Securities Incorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, among others, with a substantial international presence.
