BEIJING and HONG KONG, Feb. 23, 2017 /PRNewswire/ -- Following a successful visit to China in September 2016, Ireland's Minister of State for Financial Services, Eoghan Murphy TD, paid a second visit to Beijing and Hong Kong, China last month with the mission of doing more than just promoting Ireland's international financial services sector. Minister Murphy's visit included a discussion with officials from the Chinese government and state-owned banks with the goal of establishing a quota for Renminbi Qualified Foreign Institutional Investors (RQFII), as the establishment of such a quota will serve to enhance investment between Chinese and Irish financial firms. The Minister also hosted an official luncheon in Hong Kong where he invited executives from selected financial institutions for in-depth discussions and exchanges of ideas.
As the sole invited executives of a privately owned investment management firm, Jasper Capital International's CEO Yiping Wang and CFO Jason Jiang took part in the luncheon.
During the luncheon, Dr. Wang and Dr. Jiang held discussions on investment opportunities in bilateral financial markets between China and Ireland with Minister Murphy as well as with Kieran Donoghue (Head of International Financial Services at IDA Ireland) and Pat Lardner (Chief Executive of The Irish Funds Industry Association), in addition to outlining Jasper Capital International's rapid growth and experience in China's capital market as well as the firm's planned expansion into European markets.
Mr. Donoghue also invited Dr. Wang and Dr. Jiang to pay a visit to Ireland to further develop mutual financial investment opportunities.
The luncheon was jointly hosted by the Embassy of Ireland in China, Enterprise Ireland and IDA Ireland.
