I just heard that Hong Kong and Macau signed a new financial cooperation agreement yesterday, upgrading their bilateral relationship. The monetary authorities of both regions have worked closely on banking supervision for many years, and this time they are expanding into other areas such as financial infrastructure, currency data exchange, and statistics. It is said to be a comprehensive move, not only focusing on traditional cooperation but also including personnel training. Eddie Yue from HKMA and Simon Vong from AMCM both emphasized the importance of this collaboration. Surprisingly, the financial relationship between the two regions is so deep, and it seems the scope of cooperation is continuously expanding.

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