President Fu Gangfeng Meets with CEO of Greater China of HSBC

2018-04-12

On April 12, 2018 local time, China Merchants Group President Fu Gangfeng meets with Helen Wong, CEO of Greater China of HSBC, discussing topics on The Belt and Road Initiative, capital market, exchange rate risks. CMG Deputy CFO Zhou Song attends the meeting.

Fu Gangfeng points out that HSBC and CMG, two century-old enterprises, share great things in common, which has huge cooperation potentials. CMG is speeding up the "bringing-in" and "going-out" strategies, duplicating PPC(Port-Park-City) business model along The Belt and Road Initiative, whose projects requires huge supports from financial institutions with strong performance, such as HSBC. "As HSBC expertises in model control of exchange rate risk, financial risks management and etc., we are looking forward to strengthening cooperations with CMG." Helen Wong echoes.


 

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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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