As we progress towards a globalised economy and financial markets integration, capital markets have become an integral part of every modern economy. They play a vital role in improving economic efficiency, enhancing resource allocation and fostering strategic and structural adjustments. They are the essence of a modern financial system.

As part of BOC's globalisation efforts and development of a full range of business services, BOCI's team of banking professionals draws on its deep roots in the China market to deliver high quality and comprehensive services to the international capital markets. We aim to provide high value-added professional services to our clients and  personal development opportunities for our employees.

China's economic growth remains stable and rapid. Its robust economic growth and pressing demand for improvements in various industries brings numerous business opportunities for Chinese enterprises entering the international arena, and for foreign companies that are expanding into the China market. With its deep understanding of China and knowledge in international financial market operations, BOCI is a reliable China market expert and financial consultant.

Looking ahead, we are committed to improving core competitiveness and tapping the China market for growth opportunities as its economy continues to expand. We will also leverage on our global network and business expertise to build partnerships with clients and help them reach their business objectives.

I would like to express my gratitude to all our clients, peers and business partners for their support. I also want to thank all our colleagues for their hard work and efforts in transforming BOCI into a world-class investment bank. We believe that human capital is our most valuable asset and the key ingredient for sustained development.