The following is issued on behalf of the Hong Kong Monetary Authority:
The main session of the Global Financial Leaders' Investment Summit (the Summit), organised by the Hong Kong Monetary Authority (HKMA), successfully concluded today (November 19). The event brought together approximately 300 global and regional leaders from more than 120 financial institutions, with over 100 institutions represented by their group chairmen or CEOs.
Under the theme of "Sailing through changes", today's Summit discussed key recent developments in macroeconomic environment, geopolitics, technological innovation, and climate change. Discussions centred on how the global financial community can embrace and capture the opportunities arising from these developments, while managing the attendant risks.
The Summit commenced with an opening keynote by Vice Premier of the State Council, Mr He Lifeng. Mr He shared insights into the latest developments in the Mainland economy with participants, emphasizing the Central Government's strong support for Hong Kong as an international financial center. Subsequently, three Mainland financial regulators elaborated on the latest economic and financial policies, outlining the measures to support Hong Kong in consolidating and enhancing its position as an international financial hub. This was followed by panel discussions featuring leaders in global finance.
The Chief Executive of the HKMA, Mr Eddie Yue, said, "We are honored to have Vice Premier He attending the summit and sharing insights on the latest economic developments in Mainland China. He offered three valuable suggestions on enhancing Hong Kong's financial development and consolidating its position as an international financial center. We sincerely thank the Central Government for its commitment to the summit and its ongoing support for the development of Hong Kong's financial sector. We will leverage on Hong Kong's unique advantages and embrace change, with a view to enhancing our international financial centre status." He added, "We are experiencing profound shifts that have far-reaching implications for the global economy and financial markets, as well as for the operations of international financial institutions. It is during these times of transformation that innovative policies, strong partnerships and groundbreaking ideas emerge. We will host this Summit annually as a flagship financial event in the Asia Pacific region, providing a platform for constructive dialogue and showcasing Hong Kong's unique charm as Asia's world city."
The event attracted global financial leaders across a wide range of sectors, including banks, securities firms, asset owners, asset managers, private equity and venture capital firms, hedge funds and insurers. Live-streaming and replay was available on the HKMA's website.
The three-day Summit will conclude tomorrow (November 20) with the "Conversations with Global Investors" investment forum co-organised by the HKMA, the Securities and Futures Commission and the Hong Kong Academy of Finance. The HKMA also hosted a welcome dinner at The Henderson yesterday (November 18) to kick off the Summit.
Attachment: Latest Summit Programme
For more photos, please visit the HKMA website.
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