Doha, May 12 (QNA) - Chairperson of the Hong Kong Association of Banks and CEO of Hong Kong and Greater China and North Asia at Standard Chartered, Mary Huen, affirmed that there are promising economic opportunities for cooperation between the State of Qatar and the Hong Kong Special Administrative Region of the People's Republic of China in key sectors, most notably financial technology (FinTech), sustainable finance, and Renminbi (RMB) transactions. Speaking to Qatar News Agency (QNA) on the sidelines of Monday's business meeting between Qatari entrepreneurs and investors and their counterparts from China's Hong Kong, Huen said that Hong Kong's advanced financial infrastructure positions it as a strategic link capable of connecting Qatar to both Chinese and global markets. She added that the delegation headed by HE Chief Executive of the Hong Kong Special Administrative Region, John Lee, is visiting as part of efforts to strengthen economic partnerships and open new channels for joint investment. The Chairperson of the Hong Kong Association of Banks highlighted that both Hong Kong and Qatar have shown growing interest in cooperating in FinTech, particularly following Hong Kong's recent announcement of its virtual asset and stablecoin infrastructure, noting that these initiatives pave the way for the development of joint financial platforms between both sides. Huen also emphasized Hong Kong's global role as a key hub for trading in RMB, pointing out that its large RMB reserves facilitate direct Qatari investments in the Chinese market through the direct linkage system connecting Hong Kong to mainland China. She added that sustainable finance is a third pillar of bilateral cooperation, as Hong Kong is a leading global center for green bonds, with 45 percent of Asia's green bonds issued by its institutions in 2024. Huen expressed Hong Kong's readiness to support Qatar in issuing and distributing green financing instruments aligned with both parties' sustainable development goals. The Chairperson of the Hong Kong Association of Banks noted that the Hong Kong trade delegation included representatives from the infrastructure and innovation sectors, reflecting the visit's comprehensive nature and its goal of establishing multidimensional partnerships of mutual benefit. Huen also praised the government of the State of Qatar for its facilitation measures, especially regarding facilitating visa procedures, considering it a positive step toward enhancing trade and tourism exchange. She concluded by stating that the signing of numerous Memorandums of Understanding (MoUs) is only the beginning of a series of initiatives aimed at strengthening future economic and investment engagement between the two sides. (QNA)