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Beijing’s Point Person for Finance in Hong Kong to Leave Post

(Bloomberg) -- China’s top financial envoy in Hong Kong is set to leave after just over a year in the role, concluding a tenure closely watched by the sector, according to people familiar with the matter. Qi Bin, 57, sent farewell messages to close contacts in Hong Kong’s financial circle about his imminent redeployment, according to the people who asked not to be identified because the information is private. He is expected to become a deputy director of an economic committee under the Chinese People’s Political Consultative Conference, the country’s leading political advisory organization, according to a South China Morning Post report citing unidentified people.

Beijing’s Point Person for Finance in Hong Kong to Leave Post

Credit: Livemint

Key Highlights

  • As of Monday 8 a. m.
  • local time, Qi was still listed as one of the five deputy directors of China’s Liaison Office in Hong Kong under Director Zhou Ji.
  • Zhang Yong, executive vice president of Cosco Shipping, is replacing Qi as deputy director of the Hong Kong liaison office, the Hong Kong Economic Times reported.
  • The Chinese Liaison Office didn’t immediately respond to requests for comment.
  • Qi is leaving the role after slightly over one year since starting in November 2024.
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Sources

  1. Beijing’s Point Person for Finance in Hong Kong to Leave Post

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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