Press release
For immediate release
The Financial Services Sector joins Legislative Councillor Robert Lee
in Celebrating the 76th Anniversary of the Founding of the People’s Republic of China
Hong Kong, 29 September 2025 – Legislative Council Member Hon Robert Lee Wai-wang (Functional Constituency – Financial Services) and thirteen financial services industry associations (see list below) jointly celebrated the 76th anniversary of the founding of the People’s Republic of China today.
The event was officiated by Mr. Paul Chan Mo-po, Financial Secretary of the Hong Kong SAR. Other officiating guests included Mr Xu Weigang, Director-General of the Economic Affairs Department, the Liaison Office of the Central People’s Government (LOCPG) in the HKSAR; Mr Mr Christopher Hui, Secretary for Financial Services and the Treasury; Ms Salina Yan Mei-mei, Permanent Secretary for Financial Services & the Treasury; Joseph Chan Ho-lim, Under Secretary for Financial Services and the Treasury; Dr Kelvin Wong Tin-yau, Chairman, the Securities and Futures Commission (SFC); Ms Huang Haiqin, Chairman, Chinese Securities Association of Hong Kong; and Dr Haywood Cheung Tak-hay, Chairman, the Hong Kong Gold Exchange. The event was also attended by an esteemed assembly of LegCo members and leading figures from the financial services sector.
Mr Robert Lee commented during the ceremony: “With the firm support of the Central Government, the China Securities Regulatory Commission (CSRC) has introduced five measures to further enhance the Connect programmes and to support the listing of leading Mainland companies in Hong Kong. This year, the Hong Kong stock market has delivered a robust performance, marked by significant turnover growth, vibrant IPO activity, and solid returns, including an over 30% rally in the Hang Seng Index year-to-date. Seizing this opportunity, I wish to thank the industry for its consistent and valuable feedback, which has allowed us to swiftly communicate the sector’s most urgent concerns and suggestions to the Government. The SAR Government has implemented many of these recommendations, as evident in the latest Policy Address, including: enhancing the Connect programmes; fostering the growth of fixed income, money, commodity, and gold markets; and enriching the use cases of Renminbi assets.”
He added: “The Legislative Council has also advanced several substantive proposals on financial development across various meetings. This year, it has passed the ordinance for the establishment of a regulatory framework for stablecoins, lifted the position limits for futures and options contracts, and implemented an Uncertificated Securities Market regime. Although the market sentiment has been positive recently, with many large companies securing financing and various businesses are booming, but market development is uneven. I hope the government will increase its support for small and medium-sized enterprises in the future.”
13 Industry Associations – Chairmen and Presidents
| Ms Huang Haiqin, Chairman, Chinese Securities Association of Hong Kong | Mr Wo Ki, Richard, Chairman, Hong Kong Securities Association |
| Ms Lian Shaodong, Chairman, Chinese Asset Management Association of Hong Kong | Mr Tang Sing Hing, Kenny, Chairman, The Hong Kong Institute of Financial Analysts and Professional Commentators Limited |
| Mr Meng Yu, Chairman, Chinese Financial Association of Hong Kong | Mr Kung Chun Hung, Ronnie, Chairman, The HK Association of Online Brokers |
| Mr Ming Xiaochong, Chairman, Chinese Futures Association of Hong Kong | Dr Chu Yuet Wah, Pollyanna, Chairman, The Institute of Securities Dealers |
| Mr Jacky Tong, Chairman, Hong Kong Precious Metals Traders Association | Mr Wong Wai Shing, Chairman, Association of Hong Kong Capital Market Practitioners |
| Ms Lee Sai Yin, Jeanne, Chairman, Hong Kong Securities Professionals Association | Mr Xiong Liting, Chairman, Hong Kong LPF Association |
| Mr Mofiz Chan, Chairman, Hong Kong Securities & Futures Professionals Association |