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SFST starts visit to New York

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SFST starts visit to New York
HK

HK

SFST starts visit to New York

2024-04-09 11:59 Last Updated At:12:08

Sfst takes on the big apple: exploring new york city

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, yesterday (April 8, New York time) started his visit to New York in the United States. Apart from meeting with the leadership of financial and business institutions, Mr Hui attended and addressed a reception with the Hong Kong community in New York hosted by the Hong Kong Economic and Trade Office there, supported by the Hong Kong Association of New York, during which he kept abreast of the lives of businesspeople and students there.

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SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

Mr Hui began the day by meeting with the Global Chief Economist of S&P Global Ratings, Mr Paul Gruenwald. Mr Hui elaborated on the measures taken to maintain the robust financial system and healthy fiscal condition of Hong Kong. He then met with the President and Chief Executive Officer of the Federal Reserve Bank of New York, Mr John Williams. During the meeting, they discussed global economic trends and interest rates.

Attending the roundtable luncheon with the National Committee on United States-China Relations (NCUSCR), Mr Hui and the NCUSCR's President, Mr Stephen Orlins, had conversations with participants mainly from the financial sector on the economic developments of China and Hong Kong. Mr Hui also talked about the roles of a "super connector" and a "super value-adder" played by Hong Kong in the development of the country.

Mr Hui visited the New York Stock Exchange (NYSE) in the afternoon. He met with the Vice President and Global Head of Advisory of the NYSE, Mr Chris Taylor, and the Director, Operations and NYSE Institute of the NYSE, Mr Will Goodwin, and shared with them Hong Kong's measures to enhance the liquidity and competitiveness of its stock market amid challenges from the external environment.

Mr Hui also met with the Senior Vice President of Partnership Department, New York City Economic Development Corporation, Mr Justin Kreamer, to exchange views on strengthening economic co-operation and developments between the two places.

Addressing the reception with the Hong Kong community in New York in the evening, Mr Hui noted that Hong Kong remains a magnet for global business, investment and talent.

Citing the financial services front, Mr Hui said, "We are a leading international asset and wealth management hub in Asia, managing close to US$4 trillion in assets at the end of 2022, with two-thirds sourced from non-Hong Kong investors. Hong Kong is home to more than 12 500 ultra-high-net-worth individuals, surpassing any other city globally, and a recent study estimated that there are over 2 700 single-family offices in our market."

"Hong Kong will be at the heart of the continuing eastward shift of economic prospects. We are not only the 'super connector' but also the 'super value-adder', bringing the East and the West together for rewarding opportunities," he noted.

Mr Hui will continue his visit to New York on April 9 (New York time). He will meet with the Founder of Bloomberg L.P. and Bloomberg Philanthropies, Mr Michael Bloomberg, join a roundtable discussion regarding Hong Kong's fintech developments, speak at a luncheon co-organised by the Hong Kong Economic and Trade Office, New York, and the Asia Society, as well as meeting with leaders of financial institutions.

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

SFST starts visit to New York  Souce: HKSAR Government Press Releases

SFST starts visit to New York Souce: HKSAR Government Press Releases

Celebrating Hong Kong cinema with director Ann Hui in London

The Hong Kong Economic and Trade Office, London (London ETO) supported the Chinese Cinema Project in presenting the Hong Kong New Wave: 1979 - 1989 Film Festival from April 1 to May 16 (London time) in London.

The film festival presents nine iconic Hong Kong films, with selected sessions accompanied by introductions and panel discussions led by notable film experts, offering audiences a deeper understanding of the historical and artistic significance of Hong Kong films. A highlight of the festival was the special masterclass titled "In Conversation with Ann Hui", held on April 17 in partnership with director Ann Hui's alma mater, the London Film School, as well as King's College London, where director Hui engaged in a dynamic exchange with film critics, students and the audience, sharing her personal journey, creative insights, and reflections on the evolution of the Hong Kong film industry. She also joined two Q&A sessions on April 18 and 19, as well as a reception on April 18 at The Garden Cinema, further enriching the festival experience.

The Director-General of the London ETO, Miss Fiona Chau, addressed the audience at the masterclass, emphasising the Hong Kong Special Administrative Region Government's unwavering commitment to fostering the development of Hong Kong's creative industries. She highlighted Hong Kong's role as a vibrant East-meets-West centre for international cultural exchange as underpinned by the National 14th Five-Year Plan. "Director Hui is a pioneer of Hong Kong cinema. Her remarkable work has brought Hong Kong's cinematic excellence to global audiences. To better understand the stories and spirit behind her films, please visit Hong Kong to experience our rich blend of heritage, innovation, and cinematic energy," she said.

The Chinese Cinema Project is dedicated to promoting the work of Chinese filmmakers in the United Kingdom via regular screenings and cultural promotion. The Hong Kong New Wave: 1979 - 1989 Film Festival is expected to welcome over 1 800 guests across 19 screenings, one panel discussion and one masterclass from April to May 2025.

Celebrating Hong Kong cinema with director Ann Hui in London  Source: HKSAR Government Press Releases

Celebrating Hong Kong cinema with director Ann Hui in London Source: HKSAR Government Press Releases

Celebrating Hong Kong cinema with director Ann Hui in London  Source: HKSAR Government Press Releases

Celebrating Hong Kong cinema with director Ann Hui in London Source: HKSAR Government Press Releases

Celebrating Hong Kong cinema with director Ann Hui in London  Source: HKSAR Government Press Releases

Celebrating Hong Kong cinema with director Ann Hui in London Source: HKSAR Government Press Releases

Celebrating Hong Kong cinema with director Ann Hui in London  Source: HKSAR Government Press Releases

Celebrating Hong Kong cinema with director Ann Hui in London Source: HKSAR Government Press Releases

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