HKMA wraps up Global Financial Leaders' Investment Summit (with photos)

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Global Financial Leaders' Investment Summit concluded successfully today (November 3). During the three-day event, the Summit featured 26 prominent financial leaders sharing their unique perspectives and ideas on managing a complex set of economic, financial, technological and geopolitical developments while capturing the resulting opportunities.

     The Chief Executive of the Hong Kong Monetary Authority (HKMA), Mr Eddie Yue, said "We are encouraged by the overwhelming responses from both the international and local financial communities. The Summit demonstrated the global financial sector's commitment to Hong Kong. My sincere thanks to all our Summit participants, especially those travelling from abroad. We are excited to see our Summit participants and visitors benefiting from this occasion by reconnecting with their staff, clients and stakeholders in Hong Kong and in person. We look forward to seeing more events and activities taking place in the coming months as Hong Kong continues to open up."

     "In view of the success of the Summit, we plan to host the Summit again next year, also to coincide with the 30th anniversary of the establishment of the HKMA."

     The November 2 Summit discussed how to navigate the uncertainties brought by rising interest rates and the risk of stagflation, complicated by geopolitical tensions and the lingering impact of the pandemic. The speakers explored how the two global mega trends, technology and sustainability, would impact the future of finance. Senior representatives from Mainland regulators shared their insights and perspectives on the Mainland economy and the opportunities arising from the continued opening up of the Mainland financial markets.

     The November 3 "Conversations with Global Investors" seminar, jointly organised by the HKMA and the Hong Kong Academy of Finance, featured eight of the world's top investment management firms. It focused on the global investment outlook and explored how investors should position themselves to manage risks and capture future opportunities under the current investment landscape.

     The Summit welcomed over 200 international and regional leaders from around 120 global financial institutions including banks, securities firms, asset managers, sovereign wealth funds, private equity and venture capital firms, hedge funds, and insurers. More than 40 of these institutions were represented by their group chairmen or chief executive officers.

Ends/Thursday, November 3, 2022
Issued at HKT 22:05