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Ma heading to Beijing for fund management forum

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Updated at 5.38pm: Secretary for Financial Services and the Treasury Frederick Ma Si-hang, would lead a 120-strong delegation to Beijing later this week for a forum on management of insurance funds, a government spokesperson said on Tuesday.

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It is organised by the Financial Services and the Treasury Bureau. The forum, held on Thursday and Friday, will examine managing funds between the mainland insurance industry and Hong Kong's financial service sector - particularly the asset management industry.

'With the continuous growth of and recent developments in the mainland insurance sector, the forum is timely in facilitating exchange among participants of their experience and strategies in managing and investing insurance funds, as well as the investment opportunities ahead,' the spokesman said.

The forum also provided an opportunity for Hong Kong to promote its strengths in serving as a global investment platform for the mainland, he added.

Information on the Forum on Management of Insurance Funds 2004 can be found at: www.fstb.gov.hk/eng/sfst/bjforum/index.htm
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