Hong Kong's Financial Services and the Treasury Bureau reported that Secretary for Financial Services and the Treasury Christopher Hui attended the 59th Annual Meeting of the Board of Governors of the Asian Development Bank in Samarkand and spoke at the Constituency Meeting. He said Hong Kong stands ready to support the Asian Development Bank's mission as current tensions in the Middle East add volatility to energy supplies, financial markets and trade, including by offering diversified funding channels and risk management services. At the meeting, members discussed the impacts and implications of the situation in the Middle East, along with the Asian Development Bank's work and engagement with member countries and regions. Hui said the bank has an important role in helping members move toward a greener economy and more diversified global value chains. He pointed to Hong Kong's financial offerings for diversification of funding sources, including green bonds, catastrophe bonds, risk management tools, and gold reserves and delivery. He also described the bank's knowledge sharing and institution-building role as a way to help members manage complex transitions. The itinerary states that Hui will also attend the opening session, a lunch for Governors and the Governors' Business Session of the annual meeting, and will meet representatives of other participating member countries and regions.

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