He Lifeng Heads Finance Delegation to HKMA Summit in Hong Kong

Overview of the HKMA’s Finance Summit

He Lifeng, China’s Vice-Premier, is slated to spearhead a delegation of senior bankers and governmental officials for the 2024 Global Financial Leaders Investment Summit, organized by the Hong Kong Monetary Authority (HKMA). This summit will witness unprecedented participation from mainland officials, marking the most substantial representation since the inception of this conference.

Key Participants and Event Details

• Ge Haijiao, chairman of Bank of China, will be among the notable attendees.
• More than 100 executives from leading global banks will convene from November 18 to 20.
• The Grand Hyatt hotel in Wan Chai will host the summit, which has reached full capacity.

Focus of the Conference

The agenda will cover pressing issues such as geopolitical tensions, technological disruptions, and climate change—all impacting global financial markets. Eddie Yue Wai-man, HKMA CEO, emphasized the necessity for enhanced prudential management in this volatile climate.

Significance of the Event

With the theme “Sailing Through Changes”, the summit presents an opportunity for global financial leaders to reevaluate strategies in light of recent upheavals. Noteworthy figures attending include Jane Fraser from Citigroup, Bill Winters from Standard Chartered Bank, and newcomers like BNP Paribas chairman Jean Lemierre.

Keynote Addresses and Networking

Chief Executive John Lee Ka-chiu and Financial Secretary Paul Chan Mo-po will deliver keynotes, addressing crucial topics such as interest rate shifts and evolving technologies like AI and credit markets. The event promises ample networking opportunities for financiers.