|Sina Finance: Monographic Dialogue - Zhang Gao Bo from Oriental Patron||
Stay positive on L-shaped recession, there is sure to be integration between A-share and HK shares
What should Chinese financial talents do if they want to start their business in the global market? Zhang Gaobo, executive director and chief executive officer of Oriental Patron Financial Investments Ltd, is likely to be one of the few people who can answer this question with confidence. Started from scratch, his business covers financing, securities and asset management. Thanks to his tremendous experience, Zhang has a deeper understanding of the inherent coupling between the Chinese economic growth and Hong Kong's financial industry.
He hopes to become the entrepreneurship guide for the mainland fund managers who are interested in the Hong Kong market in next 20 years. The SPC Platform has attracted nearly 30 funds in six months, and there are hundreds on their way. “Among those in the asset management industry, nearly half of them are from mainland. One day, Hong Kong and the mainland will be integrated. The Complementarity between Hong Kong and the Mainland market is growing.” Mr. Zhang observed.
Mr. Zhang regarded the platform as a business incubator. “I am like AliBaba, and the fund managers on our platform are like an online shopkeeper.” Zhang said, “As a platform, your investment strategies are not our concern. We take care of risk management and compliance, and you need to adhere to the agreement between you and your investors. For OPIM, investing the fund on our platform would be the major profits in the future. As these funds are on our platform, actually in one integrated account, transformation and redeems costs nothing. There is even no management fee, so our FOF Charges can be reduced a lot.”