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Guan Leiming

Technical Director | Java

The Interweaving of Financial Market Opening and Innovation Cooperation

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The interconnection of financial markets has broadened the channels for corporate financing. In the past, mainland enterprises may face a relatively single financing channel, while Hong Kong, as an international financial center, has abundant financial resources and diversified financing tools. Today's open policy enables mainland enterprises to obtain Hong Kong's financial support more conveniently, reducing financing costs and improving financing efficiency.

At the same time, for Hong Kong's financial institutions, the huge market of the Mainland also provides a broad space for their business expansion. They can introduce advanced financial services and management experience to the Mainland to achieve mutual benefit and win-win results. This openness has also accelerated the pace of financial innovation, prompting both sides to continuously explore new financial products and service models.

However, this opening process is not smooth sailing. In the process of policy implementation, many obstacles need to be overcome. For example, there are differences in the financial regulatory systems of the two places, and the legal systems and market rules are not the same. This requires strengthening coordination and communication in the process of opening up, and establishing a sound regulatory cooperation mechanism to prevent financial risks and ensure the stable operation of the market.

Back to the field of innovation and cooperation that we are concerned about, this opening of the financial market provides inspiration and reference for innovation and cooperation in other fields. Taking the science and technology industry as an example, the mainland has strong R&D capabilities and broad application scenarios in scientific and technological innovation, while Hong Kong has advantages in intellectual property protection and international cooperation. The interconnection of financial markets will help promote exchanges and cooperation between science and technology companies in the two places and accelerate the transformation and application of scientific and technological achievements.

In addition, the cultural and creative industries can also benefit from this. The combination of the mainland's rich cultural resources and huge consumer market with Hong Kong's internationalized creative concepts and marketing channels will create more favorable conditions for the creation, promotion and trading of cultural and creative products.

In this series of changes and developments, the need for talent for projects has emerged. When companies seek new development opportunities, expand business areas, or carry out innovative projects, they often need to find talents with specific skills and experience. The opening of the financial market has brought more complex projects, and the requirements for talents are also increasing. Not only do they need to have financial expertise, but they also need to understand the market rules and cultural differences between the two places.

In the process of finding people for projects, online platforms and professional human resources service agencies play an important role. Through big data analysis and precise matching, they build bridges between enterprises and talents, and improve recruitment efficiency and success rate. At the same time, individuals also need to continuously improve their own quality and adapt to market changes and needs.

In short, the China Securities Regulatory Commission's strengthening of the interconnection between the mainland and Hong Kong financial markets is a far-reaching move that has injected new vitality into economic development, while also triggering changes and developments in related needs such as project recruitment. We should actively respond, seize opportunities, and achieve common prosperity.

2024-07-24