Anrong Credit Rating Delegation Visits Bank of China Hong Kong Branch for Exchange and Discussion
On August 27, to strengthen collaboration among financial institutions and explore new opportunities for business cooperation, Anrong Credit Rating’s Chief Economist and Chairman of Anrong (Hong Kong) Ratings Board, Zhou Yuanfan, led a delegation including Anrong Credit Rating President Lu Dan, Vice President Zeng Yingfeng, Anrong (Hong Kong) Credit Ratings Executive Director Lydia Lam YuiYing, and Vice President Tang Binyang to pay a special visit to Bank of China Hong Kong Branch. They held in-depth exchanges with Sun Xinxia, Alternate Chief Executive of BOC Hong Kong Branch; Liu Xiangyu, Director and Client Relationship Management; and He Fan and Liang Shiqi, Senior Manager - Head of DCM and DCM Analyst.
At the beginning of the discussion, both parties introduced their respective institutions’ overviews, core businesses, distinctive operational features, and competitive advantages. The Anrong Credit Rating’s team elaborated on the company’s development history and comprehensive strength: since its establishment, the company has been deeply engaged in credit rating, building a diversified service system covering credit rating, industry research, and credit risk management, achieving fruitful results in helping enterprises accurately identify risks, improve financing efficiency, and optimize capital allocation.
Regarding shareholder background and equity structure, Anrong Credit Rating holds unique advantages. Its shareholder base is diverse and strong, being the only domestic rating agency to include academic institutions as shareholders, such as Peking University Shenzhen Graduate School, China Institute for Reform and Development, and China Strategic Emerging Industries Magazine, all with profound academic and research foundations. The company has also jointly established the CUFE-Anrong Local Fiscal Investment and Financing Research Institute with the Central University of Finance and Economics. This unique structure, relying on the scientific research platforms and industry research resources of academic institutions, provides Anrong Credit Rating with academic support and intellectual assurance, while its diversified and stable equity configuration lays a foundation for market-oriented operations and professional development.
Currently, Anrong Credit Ratings’ subsidiary, Anrong (Hong Kong) Credit Ratings Co. Ltd - ARHK, has obtained the Type 10 Financial (Ratings) License from the Hong Kong Securities and Futures Commission, qualifying it for international rating business. The team shared their overseas financial market expansion plans in line with their offshore business layout, highlighting the core industry research advantages formed through the shareholders’ academic and research background, as well as their professional capability in serving the offshore financing needs of Chinese enterprises.
The BOC Hong Kong Branch team introduced the bank’s comprehensive strength in cross-border financial services, especially emphasizing its leading position in underwriting Chinese enterprises’ offshore bonds. It is reported that BOC Hong Kong Branch holds a 70% market share of Chinese offshore bonds issued in the Hong Kong market. Leveraging an extensive domestic and overseas client network, a professional underwriting team, and rich market experience, the bank demonstrates strong resource integration and channel advantages in connecting domestic and overseas capital markets and supporting Chinese enterprises’ “going global” strategy.
During the exchange, Sun Xinxia, Alternate Chief Executive of BOC Hong Kong Branch, recognized the cooperation potential between the two parties and clarified two main cooperation directions: first, deep collaboration in industry research. He suggested that Anrong Credit Rating leverage its shareholders’ strong academic and research background and professional capabilities to jointly tackle key industry research topics with BOC Hong Kong Branch, exploring industry development trends and risk characteristics to provide high-quality intellectual support for financial service decision-making; second, credit rating business resource alignment. BOC Hong Kong Branch will rely on its market-leading position in Chinese offshore bond underwriting to recommend high-quality credit rating business to ARHK, helping it expand its overseas market share and achieve resource complementarity and mutual benefits.
Chairman Zhou Yuanfan expressed agreement with Alternate Chief Executive Sun Xinxia’s proposed cooperation directions. He emphasized that Anrong Credit Ratings is always committed to promoting high-quality development of financial markets through professional rating services. This exchange with BOC Hong Kong Branch deepened mutual understanding and clarified pragmatic cooperation paths. In the future, Anrong Credit Ratings will integrate academic research resources and rating business experience to work hand in hand with BOC Hong Kong Branch to advance cooperation implementation, contributing to more convenient offshore financing for Chinese enterprises and further improvement of the cross-border financial ecosystem.
This discussion is an important initiative by Anrong Credit Rating to deepen external cooperation and expand service boundaries. Going forward, both parties will establish a regular communication mechanism, refine implementation plans around the agreed cooperation directions, promote prompt realization and effectiveness of cooperation, and open a new chapter of mutual benefit and win-win development.