The Beibu Gulf and the Guangdong-Hong Kong-Macao Greater Bay Area have further strengthened their cooperation by signing a series of cooperation projects in Nanning, Guangxi Zhuang autonomous region, ahead of the opening of the 19th China-ASEAN Expo.

The Chinese central government's 3 billion yuan worth of renminbi-denominated bonds were listed in Chongwa (Macao) Financial Asset Exchange Co., Ltd. (MOX) in the Macao Special Administrative Region (SAR) on Friday.

Under the overall planning and guidance of CSRC, SZSE recently issued the Business Guide of Shenzhen Stock Exchange for Credit Protection Instruments (Revised in 2022). Shenzhen Securities Information Co., Ltd. (SSIC), as one of the first portfolio managers of the portfolio credit protection contracts (“CDX”), launched “CNI-SZSE CDX Portfolio for SZSE Major Issuers” and “CNI-SZSE CDX Portfolio for Major Issuers of Guangdong-Hong Kong-Macao Greater Bay Area”, marking the official start of the pilot project of CDX business at SZSE.

Guangdong-Macao In-Depth Cooperation Zone in Hengqin will establish an investment company. The company will become a matchmaking agent between large companies and Hengqin's four major industries, said Wang Weizhong, Governor of Guangdong Province at the third meeting of the Management Committee of the Cooperation Zone on August 12.

Under the overall planning and guidance of CSRC, SZSE recently issued the Business Guide of Shenzhen Stock Exchange for Credit Protection Instruments (Revised in 2022). Shenzhen Securities Information Co., Ltd. (SSIC), as one of the first portfolio managers of the portfolio credit protection contracts (“CDX”), launched “CNI-SZSE CDX Portfolio for SZSE Major Issuers” and “CNI-SZSE CDX Portfolio for Major Issuers of Guangdong-Hong Kong-Macao Greater Bay Area”, marking the official start of the pilot project of CDX business at SZSE.

Their terms include 2 years, 3 years and 5 years, and the coupon rates are 2.6%, 2.7% and 2.9% respectively. Guangdong issued a total of CNY 2.2 billion in Macao. Their term is 3 years and the coupon rate is 2.68%.

Discussions were also carried out on the enhancement of the Shenzhen-Hong Kong Stock Connect mechanism, the reform and development of the mainland and Hong Kong capital markets, and product allocation in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

The Office of the Commissioner of the Ministry of Foreign Affairs in Macao announced a visa facilitation policy for foreigners in Macao to visit the Guangdong-Macao In-Depth Cooperation Zone in Hengqin since September 1, 2022.

The Guangdong-Hong Kong-Macao Greater Bay Area Bond Index uses publicly offered bonds issued by issuers in the region as sample bonds

To boost consumption and secure employment, the government of China's Macao Special Administrative Region (SAR) has continued to inject vigor into local economy amid fallout of the COVID-19 pandemic.

finance, innovation and talents will lead the development of the Guangdong-Hong Kong-Macao Greater Bay Area

This is the second of a five-part series on how the Greater Bay Area has developed since the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area was promulgated three years ago.