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Hong Kong young man chasing dream in Guangdong


Hong Kong young man chasing dream in Guangdong
China Daily |
Updated: 2021-02-20 10:17
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HONG KONG-Born and raised in Hong Kong, Steven Chan is chasing his dream in Chinese mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area.
Attracted by the opportunities in the Greater Bay Area, Chan moved to Guangdong province in 2015 and has since then worked in the financial sector there. Chan, in his 30s, described settling down in mainland cities as an inevitable decision for an ambitious young man like him.
While Hong Kong has a comparatively simple industrial structure, the Greater Bay Area as a whole owns more complete industrial chains and vibrant markets, as well as enormous demand for financial services, which offers professionals a much broader arena to realize their aspirations, Chan said. ....

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China: Central bank conducts USD3.87b of bills in Hong Kong


(MENAFN)China s central bank conducted 25 billion Yuan (about USD3.87 billion) worth of bills in Hong Kong on Friday, February 19.
According to the People s Bank of China (PBOC), along with the total, 10 billion Yuan worth of bills will mature in three months, and 15 billion Yuan of bills will develop in 12 months, with the individual interest rates reaching 2.7 percent and 2.74 percent.
The issuance was well-accepted by shareholders in the offshore marketplaces, with the total bid amount hitting about 76 billion yuan, more than three times the amount in flow, the PBOC declared.
This shows the sturdy attractiveness of renminbi assets for abroad investors, in addition to the confidence of international investors in the Chinese financial system, the PBOC added. ....

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Guangzhou sets eyes on role of TV, film center for Bay Area


Guangzhou sets eyes on role of TV, film center for Bay Area
By LI WENFANG in Guangzhou |
CHINA DAILY |
Updated: 2021-02-19 09:26
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Cinema visitors check in with their cellphones in Guangzhou on July 20, 2020. [Photo/Xinhua]
Guangzhou city authorities are inviting more major film and TV companies to set up headquarters for the Guangdong-Hong Kong-Macao Greater Bay Area.
The city will start hosting the annual Bay Area Golden Rooster film exhibition in the first half of this year, Zhu Xiaoyi, deputy head of the Publicity Department of the Communist Party of China Guangzhou Committee, said at a news conference in Guangzhou on Thursday. The Golden Roosters are one of the China s top film awards. ....

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