China's top financial envoy in Hong Kong, Qi Bin, is reportedly leaving his post after just over a year. Qi, who was seen as Beijing's key financial expert in the city, actively proposed measures to revitalize Hong Kong's market. His tenure was closely watched, with some local officials reportedly concerned about losing authority. Qi is expected to move to a role within the Chinese People's Political Consultative Conference, and Zhang Yong is said to be his replacement.