Convergence is important for investors, with witness to the signing HKEx chief executive Paul Chow saying it will benefit cross-border listings. Click here for the statement and press release.
Wang Jun's speech: Click here for the speech of the PRC vice minister of finance at the dinner reception about standards convergence.
Research: The importance of China's convergence is echoed by a recent research by the ICAEW, showing that fund managers in Hong Kong and China rely heavily on audited financial statements in making investment decisions. Click here for the summary findings. |