Chen Zhiying, Standing Committee member of Guangzhou Municipal Party Committee and the Executive Vice Mayor of Guangzhou visits AMTD, to discuss cooperation opportunities in Guangdong-Hong Kong-Macao Greater Bay Area
On June 20th, Calvin Choi, Chairman and President of AMTD Group met with Chen Zhiying, Standing Committee member of Guangzhou Municipal Party Committee and the Executive Vice Mayor of Guangzhou at Hong Kong headquarters. The two sides conducted in-depth communication on topics “Implementing cross-border cooperation and innovation of finance in Guangdong and Hong Kong, jointly promoting the interoperability of capital resource in the Greater Bay Area”. As a leading comprehensive financial institution in Hong Kong, AMTD Group will further promote its strategic cooperation with Guangzhou, especially the cooperation in the international capital market, financial cooperation and innovation in the Greater Bay Area, Guangdong-Hong Kong joint venture securities companies, insurance brokers and talent cultivation.
The leaders who jointly visited AMTD Shangqiu Group included Chen Haotian, director of State-owned Assets Supervision and Administration Commission of Guangzhou, Luo Junfu, Chief Economist of SASAC of Guangzhou, Chen Wu, Vice President of Guangzhou Rural Commercial Bank, Xu Xiubing, Director of Banking Department of Bureaux of Financial Affairs of Guangzhou Municipality, LI Yousheng, Deputy Director of People’s Government of Guangzhou Municipality. Tan Zhihua, Tan Yunyu from SASAC of Guangzhou and Gu Zhaoqing, Shao Ye from Guangzhou Rural Commercial Bank also visited together. AMTD team including Marcellus Wong, Vice Chairman of AMTD Group, Philip Yau, Chief Financial Officer of AMTD Group, Angie Lin, Co-CEO of AMTD Strategic Capital Group and Devon Fu Yangpeng, President Special Assistant also attended the meeting.
Calvin Choi, expressed his warm welcome to Chen Zhiying, Executive Vice Mayor of Guangzhou, on behalf of AMTD Group, and appreciated the Guangzhou Municipal Party Committee and the municipal government for their long-term support. Calvin Choi described in detail the efforts and achievements of AMTD Group in promoting the financial cooperation and innovation between Hong Kong and Guangdong during the past fourteen years, and expressed confidence in the future development and investment opportunities of Guangdong-Hong Kong-Macao Greater Bay Area. AMTD hope to further expand the business in Guangzhou and the Greater Bay area, and further explore and implement the cooperation in the international capital market, financial cooperation and innovation in the Greater Bay Area, Guangdong-Hong Kong joint venture securities companies, insurance brokers and talent cultivation.
Vice Mayor Chen Zhiying spoke highly of the achievements made by AMTD Group over the years. He pointed out the obvious advantages of Guangdong-Hong Kong-Macao Greater Bay Area, and it has advanced manufacturing, finance, and service industries. Through coordinated development within the region, it is a general trend to jointly build national innovation developing urban group and economic growth. He welcomes the forward-looking and innovative international companies and financial institutions including AMTD Group to invest in Guangzhou, explore cooperation, and work together to build the world’s fourth-largest Bay Area economy. Jointly build the Guangdong-Hong Kong-Macao Greater Bay Area to become an important growth pole driving the global economic and development, and lead the technological change. To develop China into an important carrier to participate in global competition.
As a representative of a Hong Kong-based financial institution, AMTD has long been committed to promoting the interconnection of Guangdong and Hong Kong and global capital and resource, serving the construction, development and innovation of Guangdong-Hong Kong-Macao Greater Bay Area. Previously, with the strong support of the Guangdong Provincial Government and the Guangzhou Municipal Government, AMTD jointly applied for Guangdong-Hong Kong joint venture securities, a first full-licensed securities company under CEPA framework, and signed a strategic cooperation agreement with Nansha New District in April 2016. Guangdong-Hong Kong joint venture securities company is also treated as one of the ten key projects in Nansha New District. More than that, Not only that, AMTD, acting as Joint Global Coordinator and leading investment bank, assisted many outstanding Guangdong-based enterprises including R&F Properties, China Aoyuan Property in successfully completed offshore USD bond and integrate into international capital markets. Recently, Guangzhou Rural Commercial Bank, the biggest in Guangdong province successfully completed its H-Share US$1bm IPO, becoming first local incorporated bank in Guangdong and the third rural commercial bank in China to be listed in Hong Kong. Also, it is the largest bank share IPO project in Hong Kong so far in 2017. AMTD served as the Sole Financial Advisor, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager in for GRCB’S IPO. In the future, AMTD Group will further integrate its financial resources and capital advantage to help more and more outstanding enterprises in Guangdong Province to integrate with the international capital market, boost financial cooperation and technological innovation between Hong Kong and Guangdong, and jointly promote the development of Guangdong-Hong Kong-Macao Greater Bay Area.