On September 11, 2025 Global Investor Conference of People's Government of Hainan Province of the People's Republic of China concluded alongside the province's latest issuance of offshore RMB local government bonds in the Hong Kong Special Administrative Region (HKSAR), marking the fourth consecutive year that the provincial government has issued such bonds in the financial hub. 

The conference, held at the Hong Kong Monetary Authority, primarily targeted investors from Asia and Europe, attracting active participation from 46 financial institutions across seven countries and regions.

Hainan plans to issue up to CNY 5 billion in offshore RMB local government bonds through bookbuilding in Hong Kong, including China's first aerospace-themed local government bonds. This issuance comprises three tranches: 3-year sustainable development bonds, 5-year blue bonds, and 10-year aerospace-themed bonds. Proceeds will primarily support marine conservation, social welfare, and key scientific research and infrastructure projects in the aerospace sector. 

The bonds have been included on the list of eligible collateral for the RMB liquidity facility by the Hong Kong Monetary Authority, with the interest on the bonds as well as the income from their disposal being exempt from local profits tax, significantly enhancing their appeal to investors. 

Representatives from the Liaison Office of the Central People's Government in the HKSAR, relevant departments of the HKSAR government, and representatives from Hainan provincial government departments attended the conference. 

During the presentation and investor Q&A session, officials from the Department of Finance of Hainan Province introduced the milestone achievements in the construction of the Hainan Free Trade Port (FTP), the new changes and opportunities set to come with the launch of Hainan FTP island-wide special customs operations, as well as issues of common concern to foreign investors, such as tax policy changes and advantages. 

Attendees expressed high hopes for special customs operations and were optimistic about its future development prospects. Deputy Chief Executive of the Hong Kong Monetary Authority, Darryl Chan, believes that the Hainan provincial government's return to Hong Kong to issue a further round of bonds is another successful example of deepening financial cooperation between Hainan and Hong Kong. He stated that he looked forward to even more in-depth cooperation between Hainan and Hong Kong in a broader range of financial fields following this round of bond issuance.