The Hainan Provincial Government's 2025 Overseas Bond Global Investor Roadshow Conference was held on the 11th at the Hong Kong Monetary Authority. This is the fourth consecutive year that the Hainan Provincial Government has issued offshore RMB local government bonds in Hong Kong, attracting 46 financial institutions from 7 countries and regions to participate. It is reported that Hainan Province is expected to book and issue offshore RMB local government bonds in Hong Kong, with a total of no more than 5 billion yuan, including the first space themed bond issued by a Chinese local government. The issuance terms are 3 years, 5 years, and 10 years, with 3 years being sustainable development bonds, 5 years being blue bonds, and 10 years being aerospace themed bonds. The raised funds will mainly be invested in key scientific research and infrastructure projects related to marine protection, livelihood security, and aerospace. At the event, the Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan, delivered a speech warmly welcoming enterprises and projects from Hainan Province and even the whole country to come to Hong Kong, issue bonds, go public, establish financial centers or cross-border supply chain management centers, fully utilize Hong Kong as a platform, and strengthen their own development. Feng Fei, Secretary of the Hainan Provincial Party Committee, stated that Hainan attaches great importance to cooperation with Hong Kong. In March of this year, Hainan and the Hong Kong Special Administrative Region government signed a memorandum of understanding on cooperation between Hainan and Hong Kong, marking a new stage of high-level and all-round cooperation between the two regions. I believe that with the joint efforts of both sides, the cooperation between Hainan and Hong Kong will further achieve resource sharing, market interconnection, industrial integration, transportation interconnection, and cultural interaction. We have achieved more landmark and leading cooperation results in fields such as trade and investment, finance, data flow, tourism, and talent exchange. Chen Weimin, Vice President of the Hong Kong Monetary Authority, stated that the Hainan Provincial Government's issuance of bonds in Hong Kong is another successful example of deepening financial cooperation between Hainan and Hong Kong. We look forward to deepening cooperation between Hainan and Hong Kong in a wider range of financial fields through this bond issuance. During the roadshow demonstration, Zhang Xue, Deputy Director of the Finance Department of Hainan Province, emphasized to global investors the phased achievements of the construction of Hainan Free Trade Port and the new changes and opportunities after the island's closure and operation. Attendees believe that Hainan's fourth consecutive year of issuing bonds in Hong Kong provides high-quality investment options for foreign investors, and will seize the new opportunities for the development of Hainan Free Trade Port, actively participate in the construction of the Free Trade Port, and share the development dividends. (New Society)
Edit:Yao jue Responsible editor:Xie Tunan
Source:XinhuaNet
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