The delegation from the Hong Kong Monetary Authority (HKMA) concluded a three-day visit to Kuala Lumpur, Malaysia with the aim of strengthening financial cooperation between Malaysia and Hong Kong.
Led by the Chief Executive of HKMA, Eddie Yue, the delegation held bilateral meetings with the Central Bank of Malaysia (Bank Negara Malaysia), focusing on areas such as digital finance and financial technology, green and sustainable finance, payment systems, the use of local currencies in cross-border trade, and Islamic finance.
Representatives from HKMA and Bank Negara Malaysia also attended the Malaysia Business Forum organized by the Hong Kong Association of Banks. The forum attracted over 160 senior representatives and industry professionals from major local and international banking institutions from both Malaysia and Hong Kong, providing a platform for participants to exchange views on financial cooperation between Malaysia and Hong Kong and other mutual concerns.
The delegation also met with local business and financial leaders to discuss the new opportunities brought about by enhancing economic and financial ties between the two regions.
Eddie Yue stated, “Hong Kong and Malaysia share a common vision of promoting regional economic cooperation, financial technology innovation, and climate transition. With Hong Kong and Malaysia serving as key gateways to the mainland and leading economies in ASEAN respectively, we have favorable conditions to jointly drive closer partnerships and sustainable growth across the entire Asian region.”
This visit is part of HKMA’s efforts to expand and deepen its overseas network. Following earlier visits to Thailand, Saudi Arabia, and the United Arab Emirates, HKMA will continue to engage with the Middle East and other ASEAN countries to further strengthen Hong Kong’s position as an international financial center.