Li Xiaopeng Meets with CEO of Bank of Communications (Hong Kong Branch)

2017-02-14

On February 14, 2017 local time, China Merchants Group President Li Xiaopeng met in Hong Kong with Shou Fugang, CEO of Bank of Communications (Hong Kong Branch), exchanging opinions about current businesses and promising cooperations with each other. CMG CFO Fu Gangfeng attended the meeting.

Li Xiaopeng welcomed the visit of Fu Shougang and presented the business performance of Group in 2016. The integration between finance and industry must be heightened to unleash new growth drivers, so as to keep double-digit growth in 2017. Accordingly, voluminous cooperations lie in fund and asset management other than traditional debts, said Li. Shou Fugang said Bank of Communications (Hong Kong Branch) involved businesses of CMG, namely China Merchants Port, China Merchants Energy Shipping and etc., which needs breakthroughs in dividing markets.

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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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