Hong Kong Summit Closes Main Session After Drawing About 280 Leaders

The main session of the fifth Global Financial Leaders’ Investment Summit concluded Nov. 3 after drawing about 280 financial leaders to Hong Kong, ahead of a closing investor forum scheduled for Nov. 4.

Around 120 group chairpersons and CEOs joined representatives from banks, securities firms, asset owners and managers, private equity and venture capital firms, hedge funds and insurers. The summit’s theme was ‘Rethinking the Playbook.’

Panels examined economic trends, financial market shifts and technological advances, with discussions on how risks and resilience vary across sectors, asset classes and regions. Vice Premier He Lifeng delivered the opening keynote by video.

HKMA Chief Executive Eddie Yue said the summit was in its fifth consecutive year and aimed to deepen dialogue and ties across the global financial community.

Blackstone President Jon Gray linked demand for AI computing capacity, which he said was growing faster than supply, to potential equity raises by Meta, Google and Oracle in his discussion of AI funding. Standard Chartered CEO Bill Winters said employees were concerned about AI and separately described automation-related changes that eliminated about 25,000 positions over 11 years while other roles were filled in his remarks on workforce changes.

The three-day program opened with a welcome dinner at The Henderson on Nov. 2. The HKMA, the Securities and Futures Commission and the Hong Kong Academy of Finance were scheduled to co-organize the “Conversations with Global Investors” forum on Nov. 4.