Can the Financial Summit Revitalize Hong Kong's Financial Position?
    Issuing time:2023-06-21     Number of times read: 275     Font:【Big  Middle  Small

    2022-11-03

     According to the public agenda, the three-day summit was unveiled with a welcome dinner held by the organizers on Tuesday (November 1st) at the M+Museum in the West Kowloon Cultural District; The next day, financial leaders from all over the world held a thematic discussion on various financial issues at Four Seasons Hotel Central, covering the uncertainty, sustainable finance, innovative finance and other issues brought to the financial market by rising interest rates and stagflation risks; On the last day, the "Dialogue with International Investors" segment jointly organized by the Hong Kong Institute of Finance drew the curtain on the summit.

    Eddie Yue, President of the Hong Kong Monetary Authority, revealed that the summit attracted about 250 participants from more than 100 international financial institutions, more than half of whom came from overseas, 40 of whom were at the level of CEO and chairman. The heavyweights attending the meeting included James Gorman, chairman of JPMorgan Chase, Colm Kelleher, chairman of UBS Group, David Solomon, chairman of Goldman Sachs, and Jin Liqun, president and chairman of the Asian Infrastructure Investment Bank.

    Although Hong Kong has not completely lifted all border quarantine measures and still implements the "0+3" system (without the need for centralized quarantine at hotels, implementing three-day home health monitoring), in order to attract more financial elites to attend, the organizers have also tailored epidemic prevention regulations for the summit. According to the current epidemic prevention requirements in Hong Kong, dining in restaurants is not allowed during the three-day health monitoring period, but the Financial Summit allows multiple participants to dine together in closed spaces.

    The above flexible arrangements reflect the Hong Kong government's fervent desire to revitalize Hong Kong's financial status through the summit. John Lee Ka-chiu, the Chief Executive of Hong Kong, said confidently at the summit on Wednesday (November 2) that "the worst is over" for Hong Kong. Although Hong Kong has experienced many difficulties in the past, it is still a resilient city.

    John Lee Ka-chiu described the summit as "Hong Kong Back to the Stage Summit". He said that Hong Kong has irreplaceable unique advantages in linking the world and Chinese Mainland, and called on financial leaders to seize the opportunities and opportunities, "now is a good time for everyone to look forward to".

    According to the public agenda, the three-day summit was unveiled with a welcome dinner held by the organizers on Tuesday (November 1st) at the M+Museum in the West Kowloon Cultural District; The next day, financial leaders from all over the world held a thematic discussion on various financial issues at Four Seasons Hotel Central, covering the uncertainty, sustainable finance, innovative finance and other issues brought to the financial market by rising interest rates and stagflation risks; On the last day, the "Dialogue with International Investors" segment jointly organized by the Hong Kong Institute of Finance drew the curtain on the summit.

    Eddie Yue, President of the Hong Kong Monetary Authority, revealed that the summit attracted about 250 participants from more than 100 international financial institutions, more than half of whom came from overseas, 40 of whom were at the level of CEO and chairman. The heavyweights attending the meeting included James Gorman, chairman of JPMorgan Chase, Colm Kelleher, chairman of UBS Group, David Solomon, chairman of Goldman Sachs, and Jin Liqun, president and chairman of the Asian Infrastructure Investment Bank.

    Although Hong Kong has not completely lifted all border quarantine measures and still implements the "0+3" system (without the need for centralized quarantine at hotels, implementing three-day home health monitoring), in order to attract more financial elites to attend, the organizers have also tailored epidemic prevention regulations for the summit. According to the current epidemic prevention requirements in Hong Kong, dining in restaurants is not allowed during the three-day health monitoring period, but the Financial Summit allows multiple participants to dine together in closed spaces.

    The above flexible arrangements reflect the Hong Kong government's fervent desire to revitalize Hong Kong's financial status through the summit. John Lee Ka-chiu, the Chief Executive of Hong Kong, said confidently at the summit on Wednesday (November 2) that "the worst is over" for Hong Kong. Although Hong Kong has experienced many difficulties in the past, it is still a resilient city.

    John Lee Ka-chiu described the summit as "Hong Kong Back to the Stage Summit". He said that Hong Kong has irreplaceable unique advantages in linking the world and Chinese Mainland, and called on financial leaders to seize the opportunities and opportunities, "now is a good time for everyone to look forward to".

     
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