The pair exchanged views on the interconnection of financial markets in the mainland and Hong Kong, the State Administration of Foreign Exchange said in a brief statement.

Earlier today, Yue also met with China's central bank governor Yi Gang, and discussed economic and financial topics, the People's Bank of China said in a statement.

The meetings came in the wake of banking turmoil last month which started with the collapse of two regional U.S. Lenders. That had sparked concerns about a broader financial crisis.

Senior Chinese banking officials have urged China's top lenders to enhance risk management practices and be more sensitive to macroeconomic fluctuations.