Summit ends with HKMA promising another next year

Summit ends with HKMA promising another next year

The Hong Kong Monetary Authority (HKMA) has wrapped up the Global Financial Leaders’ Investment Summit, saying it’s been so successful there will be another one next year.

“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,” said Eddie Yue, the authority’s chief executive.

The three-day event, held mainly at the Four Seasons hotel in Central, was an initiative announced by the Financial Secretary, Paul Chan, in his budget. Its goal was to showcase Hong Kong as an international financial centre, as it started to emerge from the Covid pandemic.

The summit began on Tuesday with a dinner at M+, the SAR’s museum of visual culture. The following day there were speeches, panel discussions, and what was described as a fireside chat. It officially officially ended on Thursday with a programme of Conversations with Global Investors, co-hosted by the Hong Kong Academy of Finance.

The monetary authority said 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.

It said more than 40 of these institutions were represented by group chairs or chief executive officers.

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