Finance

Ex-Goldman Banker Leads China’s Push to Revive Hong Kong Finance

Qi Bin in 2017

Photographer: David Paul Morris/Bloomberg

The crowd was taken aback as China’s point person for financial matters in Hong Kong laid out plans to re-energize the city’s markets.

Qi Bin’s proposals on topics including corporate governance weren’t shocking on their face, but the regulators and other policymakers gathered at the Grand Hyatt ballroom in January had rarely heard a mainland Chinese official give such detailed prescriptions on how the city’s finance sector should be run.