GUANGZHOU, CHINA – APRIL 6: Chinese Vice Premier He Lifeng prepares to meet with US Treasury Secretary Janet Yellen on April 6, 2024 in Guangzhou, China.
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Chinese Vice Premier He Lifeng and several other top financial policymakers are scheduled to address the World Financial Summit in Hong Kong on Tuesday.
The third Global Financial Leaders Investment Summit, hosted annually by the Hong Kong Monetary Authority, will hold its main events throughout the day after hosting guests at a welcome dinner on Monday evening.
He, who oversees a high-level economic and monetary policymaking body, will deliver an opening keynote speech at the summit, according to the South China Morning Post.
Li Yunze, Minister of China’s National Financial Regulatory Administration, is scheduled to discuss mainland China’s financial developments on a panel with China Securities Regulatory Commission Chairman Wu Qing and People’s Bank of China Deputy Governor Zhu Hexen, according to the HKMA. . Summit Agenda
Some of the world’s biggest banks have moved operations to Hong Kong and mainland China to cut back and cut jobs amid a prolonged slowdown in listing and deal-making activity.
Capital outflows made the city’s Hang Seng the worst-performing major index last year, according to LSEG data.
The operators of Hong Kong’s stock exchange have indicated. Signs of a pick-up in the third quarter As Beijing unveiled a raft of stimulus measures to bolster its flagship economy.
Speakers at the three-day conference include high-profile global bankers such as JPMorgan Chase president Daniel Pinto, Morgan Stanley chief executive officer Ted Pick, Citigroup CEO Jane Fraser and Goldman Sachs CEO David Solomon.
This is a developing story. Please check back later for more updates.
