Hong Kong’s Financial Services and the Treasury Bureau reported on the opening of the 18th Asian Financial Forum, a two-day event focused on “Powering the Next Growth Engine” that brought together around 3,600 participants from about 50 countries or regions. In special remarks at the opening session, People’s Bank of China Governor Pan Gongsheng set out four directions for continued support of Hong Kong’s development as an international financial centre. The stated priorities were to support Hong Kong’s capital market development and deepen mutual market access between Hong Kong and the Mainland, expand and strengthen Hong Kong’s role as an offshore renminbi hub, enhance its functions as an international asset and wealth management centre, and safeguard Hong Kong’s financial stability and security. The first-day programme also included a policy dialogue chaired by Hong Kong Monetary Authority Chief Executive Eddie Yue on innovation and digital transformation, alongside plenary sessions chaired by the Secretary for Financial Services and the Treasury, Christopher Hui, on innovation and cross-economy collaboration. The forum continues on January 14, with a new Gulf Cooperation Council Chapter and further sessions covering generative artificial intelligence, green and sustainable finance, and fintech.

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