Global Financial Leaders' Investment Summit Concludes Successfully in Hong Kong, Addressing Key Economic Challenges.

HKMA hosts third Global Financial Leaders' Investment Summit

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 measuresto 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.

HKMA hosts third Global Financial Leaders' Investment Summit Source: HKSAR Government Press Releases

HKMA hosts third Global Financial Leaders' Investment Summit Source: HKSAR Government Press Releases

HKMA hosts third Global Financial Leaders' Investment Summit Source: HKSAR Government Press Releases

HKMA hosts third Global Financial Leaders' Investment Summit Source: HKSAR Government Press Releases

Vice Premier He Lifeng attends Global Financial Leaders' Investment Summit in Hong Kong

​The Vice Premier of the State Council, Mr He Lifeng, attended and delivered a keynote speech at the Global Financial Leaders' Investment Summit today (November 19). Accompanying Vice Premier He at the Summit were the Acting Chief Executive, Mr Chan Kwok-ki; the Financial Secretary, Mr Paul Chan; and the Secretary for Financial Services and the Treasury, Mr Christopher Hui.

Vice Premier He said that President Xi Jinping and the Central Government care for and attach much importance to the development of Hong Kong. With the strong support of the Central Government, effective leadership of the Hong Kong Special Administrative Region Government, and joint efforts from all sectors of Hong Kong society, Hong Kong has achieved new accomplishments in economic and social development, and its financial system remains vibrant.

He emphasised that building, consolidating and developing Hong Kong as an international financial centre is not only necessary for Hong Kong, but also important to the country. The Central Government has always positioned the development of Hong Kong as an international financial centre from a strategic perspective, and will continue to improve the policy system supporting the construction of Hong Kong as an international financial centre. As always, the Central Government will give full support and safeguards to Hong Kong in deepening financial reform and ensuring financial stability.

Having just concluded the Asia-Pacific Economic Cooperation meetings in Lima, Peru, and is currently en route back to Hong Kong, the Chief Executive, Mr John Lee, expressed his gratitude to Vice Premier He for attending and delivering a keynote speech at the Global Financial Leaders' Investment Summit in Hong Kong, which reflected the support and the great importance the country attaches to Hong Kong as an international financial centre.

Noting that the Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC Central Committee) adopting the Resolution of the CPC Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization, Mr Lee said that the Resolution calls on Hong Kong to fully harness the institutional strengths of "one country, two systems" while consolidating and enhancing its status as an international financial, shipping and trade centre, and supports Hong Kong in exerting a greater role in the country's opening up to the world. Hong Kong is an international centre ranking third globally and first in investment environment. The Summit, hosted in Hong Kong and entered its third edition, has gathered global financial leaders, underscoring international investors' recognition of both the country and Hong Kong. The Hong Kong Special Administrative Region Government will ride on the Summit to tell the good stories of Hong Kong to global financial leaders and will continue to take forward the reforms in the financial sector, consolidating and enhancing Hong Kong's position as an international financial hub, and leveraging its unique advantages of enjoying strong national support while maintaining unparalleled connectivity with the world.

Vice Premier He concluded his trip and left Hong Kong at noon today.

Vice Premier He Lifeng attends Global Financial Leaders' Investment Summit in Hong Kong Source: HKSAR Government Press Releases