Company News - 19/1/2019

Calvin Choi visited Zhao Haishan, Vice Governor of Hubei Province, to discuss cooperation opportunities

On 10th January, Mr. Zhao Haishan, Vice Governor of Hubei Province, cordially met with Mr. Calvin Choi, Chairman and President of AMTD Group, in Wuhan. Both parties discussed in detail on investment, business development, and economic and trade opportunities for AMTD in Hubei. Mr. Chen Huixia, Deputy Secretary General of The People’s Government of Hubei Province, Mr. Qin Jun, Director General of the Department of Commerce, and Mr. Chen Kuanhong, Deputy Director of the Hubei Provincial Local Financial Supervision Administration, attended the meeting.

Mr. Zhao Haishan (4th from the left), Vice Governor of Hubei Province, Mr. Chen Huixia (2nd from the right), Deputy Secretary General of The People’s Government of Hubei Province, Mr. Qin Jun (3rd from the right), Director General of the Department of Commerce, and Mr. Chen Kuanhong (1st from the right), Deputy Director of the Hubei Provincial Local Financial Supervision Administration, met with Mr. Calvin Choi (3rd from the left), Chairman and President of AMTD Group, Mr. Philip Yau (2nd from the left), CFO of AMTD Group, and Mr. Wayne Liu (1st from the left), Executive Director & President Special Assistant at AMTD Group

Mr. Zhao, Vice Governor of Hubei Province, first welcomed Calvin and his team for the visit, and congratulated AMTD for its recent developments and achievements. He also expressed his appreciation for the efforts that AMTD has made to promote economic and trade cooperation between Hong Kong and the Mainland. Mr. Zhao said that Hubei has a prominent strategic position, superior transportation location, abundant talent pool, and huge development potential. He also said that Hubei is striving to create an international, market driven, and regulated business environment, and welcome international companies and financial institutions with a forward-looking and innovative view, including AMTD Group, to invest in Hubei, especially in the fields of financial sector, connecting with international capital markets, new rural construction, new economy sector, and innovative science and technology development, to work together by taking advantage of Hubei's central regional position and abundant talent resources, so to continuously expand with new investment areas, and to achieve mutual benefits and development.

Calvin expressed his gratitude to Mr. Zhao for his caring, trust, and support to AMTD, and was hopeful about AMTD’s future investment in Hubei. Calvin said that as a leading comprehensive financial institution in Hong Kong, AMTD has always been dedicating to promoting the interconnection of capital between Hong Kong, the Mainland and the world, as well as assisting and accompanying China’s enterprises to expand to the international market. AMTD expects to help more outstanding Hubei enterprises to enter into the international capital market and achieve long-term development. AMTD will also consider increasing its investment and expanding its strategic plan in Hubei, with an aim to establish a regional headquarter in Hubei, and continuously strengthen its collaboration with Hubei, especially in the fields of new economy, smart technology, talent cultivation, and international capital market. At the same time, AMTD would consider setting up a talent cultivation center in Hubei, and work together with higher education institutions in Hubei to cultivate local talents with international perspective. AMTD is confident and hopeful about Hubei’s development, and hopes to contribute to the economic cooperation between Hubei and Hong Kong, and further witness, participate, contribute, and benefit from Hubei's development.

Mr. Philip Yau, Chief Financial Officer of AMTD Group, and Mr. Wayne Liu, Executive Director & President Special Assistant at AMTD Group, accompanied the meeting.