China Mobile International, China Mobile Hong Kong and Bank of China (Hong Kong) Signed a Comprehensive Strategic Cooperation Agreement

China Mobile International, China Mobile Hong Kong and Bank of China (Hong Kong) Signed a Comprehensive Strategic Cooperation Agreement

17 January, 2017

Partnership aiming to provide optimal products and service experience for customers by leveraging the strengths of the three large corporations

China Mobile International Limited ("CMI"), China Mobile Hong Kong Limited ("CMHK") and Bank of China (Hong Kong) Limited ("BOCHK") jointly announced that the three corporations have signed a comprehensive strategic cooperation agreement. By leveraging the strengths of the three large corporations in our respective fields and by collaborating in full-scale, we can bring synergies of the three leading Chinese corporations to full play in creating mutually beneficial and win-win partnership.

The signing ceremony of the strategic cooperation agreement was held on the 70th floor of the Bank of China Tower.  Dr. Li Feng, Chairman of CMI and CMHK, Mr. Yue Yi, Vice Chairman and Chief Executive of BOCHK, together with other senior executives attended the ceremony.

At the signing ceremony, Dr. Li Feng, Chairman of CMI and CMHK, said: "We are extremely pleased to enter into this strategic cooperation agreement with BOCHK.   As Hong Kong’s premier bank, BOCHK is deeply rooted in Hong Kong, while at the same time closely keep up with the "One Belt, One Road" strategy to actively expand the Southeast Asian market as its development focus.  This is consistent with our strategy, as CMHK has built a strong foundation in Hong Kong, while CMI has established presence in global markets.  Our cooperation is not only based on our large cross-border customer base and the strategy of actively developing cross-border customers, but also an innovative play of our respective advantages in resources, seeking to establish a common business development platform and achieve win-win cooperation.” 

Mr. Yue Yi, Vice Chairman and Chief Executive of BOCHK, said: “CMI, CMHK and BOCHK are three leading and influential players in their respective industries.  As a leader in communications technology industry, China Mobile demonstrates extensive experience in personal communications services and mobile networks.  BOCHK is one of the largest commercial banks in Hong Kong with solid financial background and the largest branch network, while leading the FinTech innovative development and application in Hong Kong’s banking industry.” 

Mr. Yue continued: “This collaboration can be described as a "Perfect Match".   We can optimise our respective strengths to complement each other.  With China Mobile’s strengths in communications technology and platforms, together with BOCHK’s expertise in banking services, we will be able to leap over respective market boundaries, and achieve comprehensive cross-field convergence for the best use of our resources.”

Develop Diversified Service Platforms   Cultivate Core Customer Base

CMI, CMHK and BOCHK, are committed to providing customers with the best mobile network communications services and financial services, as well as to developing diversified service platforms for best customer experiences. Through the strategic physical networks and diversified online marketing channels of the three corporations, customer experience will be enhanced with more relevant service information catering to their lifestyle and needs, coupled with broader service coverage, higher quality, more comprehensive and personalised services.

Accelerate Regional Development   Jointly Develop Southeast Asian business

With CMI’s extensive networks and advantages in Southeast Asia, BOCHK will be able to enhance its network and channel services in the region.  By accelerating the development and business collaboration of both parties in the region, BOCHK can provide more convenient and faster services to residents in Southeast Asia and cross-border travellers.  

The tripartite management teams have unanimously endorsed the cooperation with much expectation.  CMI and CMHK and BOCHK are all prestigious leading institutions with unique advantages in their respective industries.  The tripartite collaboration allows us to make full use of our own expertise and edges to achieve resources sharing and offering benefits to mutual business and common customers.   For the cross-border market in particular, CMI’s "JegoTrip" platform coupled with BOCHK’s accurate customer analysis and target marketing, we can offer more suitable products and privileged services to our high-quality customers.  The signing of the strategic cooperation agreement can help promote cross-industry cooperation and integrate our strengths for the benefits of our customers.  Apart from effectively expanding each other's target customer base, making it more conducive to enriching our products and services coverage and enhancing cross-border competitive edges, we can also jointly create more values for the cross-border and local customers.

Photos and Captions:

Dr. Li Feng

Dr. Li Feng, Chairman of CMI and CMHK, said at the signing ceremony that the strategic cooperation among BOCHK, CMI and CMHK is not only based on our large cross-border customer base and the strategy of actively developing cross-border customers, but also an innovative play of our respective advantages in resources, seeking to establish a common business development platform and achieve win-win cooperation.

Mr. Yue Yi

Mr. Yue Yi, Vice Chairman and Chief Executive of BOCHK, who has jointly witnessed the signing of the strategic cooperation agreement with representatives from CMI and CMHK, said that this collaboration can optimize our respective strengths to complement each other.  With China Mobile’s strengths in communications technology and platforms, together with BOCHK’s expertise in banking services, we will be able to leap over respective market boundaries, and achieve comprehensive cross-field convergence for the best use of our resources.

strategic cooperation agreement

From left:

Mr. Waynffly Zhong, Chief Marketing Officer of CMHK, Dr. Zhao Peng, Regional Head of China Region of CMI, Mr. Ge Jianbao, Director and Chief Financial Officer of CMHK, Mr. Lei Liqun, Director & Executive Vice President, Chief Financial Officer of CMI, Mrs. Kung Yeung Ann Yun Chi, Deputy Chief Executive of BOCHK, Mr. Zhong Xiangqun, Chief Operating Officer of BOCHK, Mr. Lin Jingzhen, Deputy Chief Executive of BOCHK, Mr. Yue Yi, Vice Chairman and Chief Executive of BOCHK, Dr. Li Feng, Chairman of CMI and CMHK, Mr. Sean Lee, Director and Chief Executive Officer of CMHK, Dr. Max Ma, Director and Executive Vice President of CMHK, Mr. Lin Guangming, Chief Corporate Banking Officer of BOCHK, Mr. Shen Weizhong, Director & Executive Vice President, Chief Operating Officer of CMI, Ms. Lu Ying, General Manager of Global Corporate Banking Department of BOCHK, Mr. Cheng Chung Ngam, General Manager, Information Technology Department of BOCHK, and Mr. Tan Chiming, Deputy General Manager & Head of E-Finance Centre of BOCHK jointly toast to celebrate the signing of the strategic cooperation agreement by the tripartite.

China Mobile International Limited

China Mobile International Limited (CMI) is a wholly owned subsidiary of China Mobile. China Mobile is now the largest telecom operator in the world by network scale and subscriber base, and is among the top in terms of market capitalization and brand value. In order to provide better services to meet the growing demand in the international telecommunications market, China Mobile established a subsidiary, CMI, in December 2010, mainly responsible for the operation of international business. Leveraging the strong support by China Mobile, CMI provides a full range of comprehensive international telecommunications services which includes IDD, roaming, Internet, MNC services and Value Added Business across the globe.

Headquartered in Hong Kong, CMI has expanded our footprint in 20 countries across different regions.

Our Vision

To build a seamless, carefree and borderless digital life globally

Our Mission

To be a future contributor of China Mobile's global value and a trustworthy partner in the industry

Core Value

TRY Culture, Build Mutual Trust, Undertake Our Responsibility, Care For You