Head of China's forex regulator meets HKMA chief executive
China's head of forex regulator Pan Gongsheng met Eddie Yue, the chief executive of the Hong Kong Monetary Authority (HKMA), on Monday, the regulator said.
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.