Wednesday April 23 2014

News Source: Global Exchanges

Focus: Other

Type: General




Hong Kong Exchanges and Clearing Limited (HKEx) and the Hong Kong branch of China Minsheng Banking Corp, Ltd (Minsheng) have signed a memorandum of understanding (MOU) for strategic cooperation on solutions for market users and product development.

The MOU was signed by HKEx Chief Executive Charles Li and Hong Qi, Vice Chairman of the Board of Directors and the President of Minsheng, one of the largest Mainland banks serving commodities companies. The signing ceremony was held in Hong Kong and witnessed by Romnesh Lamba, HKEx`s Co-head of Global Markets, Mao Zhirong, HKEx`s Head of Mainland Development, Rebecca Brosnan, HKEx’s Head of Asia Commodities, Tae Yoo, HKEx`s Head of Client Business Development & FIC Development, Lin Zhihong, President of Trade Finance SBU and Chief Executive Officer of Minsheng`s Hong Kong branch, Huang Minghui, Senior Assistant Chief Executive Officer of Minsheng’s Hong Kong branch, and Chen Yi, Head of Commodity Finance, Structure Trade Finance Centre of Minsheng.

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