10 May 2012, Hong Kong – Dr. Ba Shu-song, Deputy Director General of the Financial Research Institute of the State Council’s Development Research Center, and Chief Economist of the China Banking Association, visited the headquarters of China Everbright Limited (“Everbright”, HKSE code: 165). 

 

Dr. Ba delivered a speech about the “Cross-border use of the Renminbi: Its Development Trends and Opportunities for Hong Kong”, in which he addressed the historical opportunities arising from cross-border settlement , the use of the Renminbi, the prevailing trends of domestic and overseas development, and the possibility of monetary reform. The participants exchanged views and discussed the development and prospects for the Chinese economy and financial market. 

 

Those present for Dr. Ba’s visit included Mr. Hua Zhong-wei, Deputy Director of Huachuang Securities; Mr. Patrick Tse, Deputy President of CUAAFA; Dr. Fang Zhou, One Country Two Systems Research Institute; Mr. Zhai Pu, Managing Director of JP Morgan; Mr. Lin Yong, CEO of Haitong International; Mr. Sun Ming-chun, Chief Economist at Daiwa Capital Asia Pacific; Mr. Chen Dong, President of China Life Franklin Asset Management; Mr. Wong Shiu-ming, Senior Economic Analyst at Bank of China Hong Kong; Dr. Lu Ting, Head of Greater China Economic Research at Merill Lynch; and Mr. Wen Chuk Fei, Chief Editor of the Economic Journal Monthly.