The Hong Kong Securities and Futures Commission published welcome remarks by Chairman Kelvin Wong at the “Conversations with Global Investors” forum of the 2026 Global Financial Leaders’ Investment Summit. Wong argued that Asia’s divergent markets offer opportunities for active investors, whose investment decisions can also improve corporate capital discipline and accountability. China, India, Japan and Southeast Asia have different economic cycles, valuations and growth drivers. These differences can provide sources of alpha rather than simply risks to manage, raising the question of whether global portfolios fully reflect the region’s diversity. The emphasis was on looking beyond markets and companies that have dominated returns over the past decade. Active investors scrutinise management, strategy and capital allocation, then decide whether companies continue to deserve their capital. That scrutiny can encourage better use of capital and strengthen accountability, complementing the rules provided by regulators. For Hong Kong, the emphasis was on serving as a marketplace where global investors understand, price and participate in Asia’s transformation, rather than merely a gateway through which capital passes.