Davos Focus | AMTD and Tianjin Municipal signed an agreement of strategic cooperation. Deputy Mayor of Tianjin, Mr. Zhao Hai-shan visited AMTD Corporate Centre in Davos with the delegate
On January 24, during the World Economic Forum Annual Meeting in Davos, Mr. Zhao Haishan, Deputy Mayor of Tianjin, led a team from Tianjin and visited AMTD Corporate Centre. Mr. Zhao Haishan and his team had a bilateral meeting with Mr. Calvin Choi, Chairman and President of AMTD Group, and other senior management, on the cooperation of Tianjin government and AMTD Group. Both parties reached consensus on a series of cooperation after in-depth discussion, and signed strategic cooperation agreement at AMTD Corporate Centre in Davos. As a leading comprehensive financial institution in Hong Kong, AMTD will further promote its strategic cooperation with Tianjin, especially in insurance brokerage, innovative economy, intelligent technology, talent incubation and international capital markets.
During the World Economic Forum, Mr. Li Hong (second from left), Deputy Director of Tianjin Committee of Commerce and Mr. Marcellus Wong (second from right), Vice Chairman of the Board of AMTD signed the strategic cooperation agreement, led by Mr. Zhao Haishan (first from left), Deputy Mayor of Tianjin and witnessed by Mr. Calvin Choi (first from right), Chairman and President of AMTD
From left: Mrs. Angie Lin, Head of Asset Management of AMTD, Mr. Li Hong, Deputy Director of Tianjin Committee of Commerce, Mr. Marcellus Wong, Vice Chairman of the Board of AMTD, Mr. Zhao Haishan, Deputy Mayor of Tianjin, Mr. Calvin Choi, Chairman of the Board and President of AMTD, Prof. Timothy Tong, President of the Hong Kong Polytechnic University, Mr. Liang Yongcen, President of Tianjin Port Group, Mr. Francis Leung, Chairman of the Chamber of Hong Kong Listed Companies and Co – Chairman of Global Advisory Committee of AMTD and Mr. Sin Yat-kin, Chief of Staff of AMTD took a photo together in front of AMTD Corporate Centre in Davos
Mr. Zhao Haishan, Deputy Mayor of Tianjin, visited AMTD Corporate Centre accompanied by Mr. Calvin Choi, Chairman of the Board and President of AMTD and learned about the accomplishments AMTD had achieved. As said by Mr. Calvin Choi, AMTD, as the only Hong Kong – funded financial institution among the World Economic Forum’s global strategic partners, for the first time established the “Davos AMTD Corporate Centre”, making it the first Hong Kong company and one of the very few Chinese companies to establish corporate centre in Davos Forum. AMTD also held the first ever “AMTD · Hong Kong Night” in history and invited Mrs. Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region, to officiate and deliver a keynote speech. This was the first ever ceremony with the theme of “Hong Kong” and held by a Hong Kong enterprise in the history of Davos Forum for the past 50 years. This was also the first time for Hong Kong to show the world the development and accomplishments it has achieved as Asia’s financial hub for the past 20 years after the handover in World Economic Forum. Mr. Zhao Haishan, Deputy Mayor of Tianjin expressed appreciation for AMTD’s efforts and accomplishments in Davos. Tianjin was one of the host cities of Summer Davos, and will host “Tianjin Night” this year. “Tianjin Night” and “Hong Kong Night” together made up the most beautiful Chinese theme of Davos this year, which was a sign of good communication and in-depth cooperation between the two cities.
“AMTD are optimistic to seize the opportunity of this strategic cooperation agreement and further expand its business in Tianjin”, said Mr. Calvin Choi, Chairman of the Board and President of AMTD, “AMTD and Tianjin government would further enhance their cooperation in insurance brokerage, innovative economy, intelligent technology, talent incubation and international capital markets.”
A meeting was held focusing on the strategic cooperation between Tianjin government and AMTD Group. Mr. Calvin Choi welcomed Mr. Zhao Haishan, Deputy Mayor of Tianjin, and his team and thanked Tianjin government for its continuous care and support for AMTD Group. Mr. Calvin Choi stated that it was one year ago when two parties met with each other for the first time and reached preliminary strategic cooperation. During the past year, both teams visited each other actively, promoted the implementation of the cooperation and achieved great accomplishments. It was a great pleasure for AMTD and Tianjin government to meet again in Davos and see the cooperation come into reality. AMTD wanted to seize the opportunity and expand its business in Tianjin, and further enhance its cooperation with Tianjin government in insurance brokerage, innovative economy, intelligent technology, talent incubation and international capital markets.
Mr. Zhao Haishan, Deputy Mayor of Tianjin, said the cooperation of Tianjin and AMTD originated from Davos, the strategic cooperation agreement signed today was not only a summary of past work but also showed both parties’ expectation for further cooperation
Mr. Zhao Haishan, Deputy Mayor of Tianjin acknowledged the accomplishments AMTD Group had achieved in the past years. Mr. Zhao pointed out that Tianjin was the intersection for the countries and regions involved in the Belt and Road Initiative and owned the largest comprehensive port and important international trade port in North China. Tianjin faced the opportunities from the integration of Beijing – Tianjin – Hebei Area, the Free – Trade Zone, the development of Binhai New Area and Self – dependent Innovation Demonstration Area, and had huge potential for future development. The cooperation of Tianjin and AMTD originated from Davos, the strategic cooperation agreement signed today was not only a summary of past work but also showed both parties’ expectation for further cooperation. Tianjin welcomed forward – looking and innovative international companies and financial institutions to invest more in Tianjin and enhance their cooperation with Tianjin, promoting the development of Beijing – Tianjin – Hebei Area. Afterwards, Mr. Li Hong, Deputy Director of Tianjin Committee of Commerce and Mr. Marcellus Wong, Vice Chairman of the Board of AMTD signed the strategic cooperation agreement, witnessed by Mr. Zhao Haishan, Deputy Mayor of Tianjin and Mr. Calvin Choi, Chairman of the Board and President of AMTD.
AMTD has always highly valued and expanded its business in Tianjin. As a leading comprehensive financial institution in Hong Kong, AMTD has led companies from Tianjin to the international capital markets. AMTD acted as the Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager in the USD 950 million H share IPO of the Bank of Tianjin, the largest city commercial bank in Bohai Economic Rim. AMTD also acted as Joint Bookrunner and Joint Lead Manager in multiple off-shore USD bond offerings of Tewoo Group, the largest state-owned material circulation company in Tianjin. What’s more, AMTD, as the only Hong Kong – funded financial institution among global strategic partners of the World Economic Forum, attended the Summer Davos Summit in Tianjin several times, and discussed about cooperation opportunities with leaders of Tianjin at various events such as Davos Forum and Boao Forum.
Mr. Zhao Haishan, Deputy Mayor of Tianjin, visited AMTD Corporate Centre accompanied by Mr. Calvin Choi, Chairman and President of AMTD Group and learned about the accomplishments AMTD had achieved
Mr. Ma Jianjun (right), Deputy Director of Management Committee of Tianjin Economic – Technological Development Area and Mr. Francis Leung, Chairman of the Chamber of Hong Kong Listed Companies and Co – Chairman of Global Advisory Committee of AMTD communicated at AMTD Corporate Centre
Apart from Mr. Zhao Haishan, Deputy Mayor of Tianjin, the team of Tianjin government also included Ms. Zhang Jiahua, Deputy Secretary General of Tianjin Municipal People’s Government, Mr. Zhang Xiaoxuan, President of Tewoo Group, Mr. Liang Yongcen, President of Tianjin Port Group, Mr. Zhao Jianling, Deputy Director of Foreign Affairs Office of Tianjin Municipal People’s Government and Mr. Ma Jianjun, Deputy Director of Management Committee of Tianjin Economic – Technological Development Area. Mr. Marcellus Wong (second from right), Vice Chairman of the Board of AMTD, Mr. Raymond Yung, Vice Chairman of Global Advisory Committee of AMTD, Mr. Ros Lam, Chief Strategy Officer of AMTD, Mr. Y.K. Sin, Chief of Staff of AMTD, Mr. Frederic Lau, CEO of Capital Markets and Advisory of AMTD, Mr. Philip Yau, Group Chief Financial Officer of AMTD, Mr. Sidney Ku, Head of Insurance Brokerage and Risk Solutions of AMTD, Ms. Angie Lin, Head of Asset Management of AMTD and Mr. Wayne Liu, President Special Assistant of AMTD also attended the meeting.
