Raghuram Rajan & Mohamed A El-Erian among Some 100 Elite
Speakers
HONG KONG, Dec 15, 2016 - (ACN Newswire) - The
10th Asian Financial Forum (AFF), jointly organised by the Hong
Kong Special Administrative Region (HKSAR) Government and the Hong
Kong Trade Development Council (HKTDC), will be held on 16 and 17
January at the Hong Kong Convention and Exhibition Centre (HKCEC).
Financial experts and business leaders from around the world will
share insights on the global economy and the latest market
opportunities at the forum, which will kick off a series of events
marking the 20th anniversary of the establishment of the HKSAR. The
success of the AFF over the past decade has helped to cement Hong
Kong's position as an international financial and investment centre
in Asia.
- Helen Wong: Economy must change, innovate and connect
"This edition of the AFF is themed 'Asia: Driving Change,
Innovation and Connectivity'. Recent economic and political events
such as US president-elect Donald Trump's election victory, Brexit
and the Italian constitutional referendum have added uncertainties
to the global economy and investment market," said Helen Wong,
Chairperson, AFF Steering Committee; Chief Executive, Greater
China, The Hongkong and Shanghai Banking Corporation. "Although the
Asian market is relatively stable at the moment and can drive
global economic growth, it has to face challenges such as the
deceleration of the Chinese mainland economy and capital moving out
of emerging markets. In order to seek growth and profits in this
environment, changes, innovations and connectivity are needed to
drive the economy forward and bring about sustainable economic
growth."
Raymond Yip, Deputy Executive Director, HKTDC, noted that the AFF
is held annually in January to help the financial sector find
inspiration for business and investment strategies for the year
ahead, through insights shared by finance officials, economists and
business leaders from around the world. "During the preparation of
the forum this year, we have, under the advice of the Steering
Committee, drafted topics and invited speakers relevant to the
market changes and new issues facing the finance sector, including
new circumstances presented by the US presidential transition,
prospects for the EU, infrastructure financing as well as the
influence of technological advances on the financial industry.
These will all be covered in various sessions of the AFF by
top-notch speakers," Mr Yip said.
- Mohamed A El-Erian: Economy in 2017 will come close to an
inflection point
AFF keynote luncheon speakers are always industry heavyweights who
will make an impact, and the 10th edition is no exception. The
first-day keynote luncheon speaker will be Mohamed A El-Erian,
Chief Economic Advisor at Allianz and Chair of President Obama's
Global Development Council. With the US presidential transition and
change in economic policies in the spotlight, he will analyse the
effect of the current political and economic situation on the
market, as well as investment risks and opportunities in the coming
year.
Mr El-Erian is widely acclaimed for his views on economic and
market development. He was recognised by Foreign Policy magazine as
one of the "100 Leading Global Thinkers" for four consecutive
years. His books, When Markets Collide and The Only Game in Town,
have been award-winning bestsellers. LinkedIn named him as the top
"Must Know Influencer." Looking to 2017, Mr El-Erian sees "the
global economy get closer to an inflection point - one that sees
greater uncertainty about its ability to sustain low and stable
growth, coupled with repressed financial stability; and one that
sees it get a lot closer to a tipping point that either leads to
higher growth and genuine financial stability, or one that is
characterised by periodic recessions and unsettling financial
instability." He also told the HKTDC in an interview that "The
deciding factor will be the extent to which politicians in the
advanced world are able to deliver a much needed policy pivot: from
excessive reliance on central banks' unconventional measures and
towards a more comprehensive policy response that engages the full
range of economic tools to deal with the structural and cyclical
headwinds facing high inclusive growth and genuine financial
stability."
- Raghuram Rajan: Hong Kong can be a "super-connector"
Dr Raghuram Rajan, who stepped down as Governor of the Reserve Bank
of India in September, had a major part to play in India's
sustained high level of economic growth of recent years. During his
term of office, he helped stabilise the exchange rate of the rupee,
curb inflation, lower interest rates, and instigate a restructuring
of the Reserve Bank of India. All of this was welcomed by the
market. He was conferred the Best Central Bank Governor award by
Euromoney Magazine in 2014 and the Governor of the Year Award by
the financial journal Central Banking, earning him the reputation
as a "rock star" bank governor. He returned to academia after
serving as the Governor of the Reserve Bank of India, and is now
Distinguished Service Professor of Finance at the Booth School at
the University of Chicago. He will give a keynote luncheon speech
on the second day of the AFF.
Recently, Dr Rajan spoke about the transition of the US
administration as well as the role of Hong Kong in global finance
during an interview with the HKTDC. He said he hopes an immediate
trade war with the Chinese mainland or Mexico does not materialise,
and the Trump administration settles for more measured steps on
carrying out its election promises. "We are likely to have a more
inwardly-focused US, which gives more space to some other
countries, especially China, to play a leadership role," he said.
And as the mainland is moving towards a service-oriented economy,
Dr Rajan agrees that Hong Kong can play the role of a
"super-connector" by offering world-class legal, arbitration and
financial services, trained talents, and soft infrastructure to
meet the needs of mainland companies.
- Global financial leaders to gather in Hong Kong
Besides the two keynote luncheons, other speakers at AFF are also
influential figures in the financial sector. Various panel
discussions will examine the global economy, China opportunities,
prospects for ASEAN as well as payment technology and cyber
security, while a plethora of thematic workshops will explore
issues such as Fintech, insurance, green finance and big data.
Speaker line-up:
Mirza Adityaswara, Senior Deputy Governor, Bank Indonesia
Raymond L Conner, Vice Chairman, The Boeing Company
Ding Xuedong, Chairman & CEO, China Investment Corporation
(Invited)
Sung-Soo Eun, Chairman of the Board of Directors and Chief
Executive Officer, Korea Investment Corporation
Ning Gaoning, Chairman, Sinochem Group (Invited)
Klaus Regling, Managing Director, European Stability Mechanism
Norihiro Takahashi, President, Government Pension Investment Fund,
Japan
Chairul Tanjung, Founder and Chairman, CT Corp
Mihaly Varga, Minister for National Economy, Hungary
Wang Hongzhang, Chairman and Executive Director, China Construction
Bank Corporation
Ksenia Yudaeva, First Deputy Governor, Bank of Russia
Tao Zhang, Deputy Managing Director, International Monetary
Fund
Jaime Augusto Zobel de Ayala, Chairman and Chief Executive Officer,
Ayala Corporation
- Opportunities abound at Global Investment Summit and AFF Deal
Flow
The Global Investment Summit launched at AFF 2016 will return this
year to focus on the ASEAN and Middle East markets. Representatives
from Asian Development Bank, China-ASEAN Investment Cooperation
Fund, investment banks, rating agencies as well as bankers will
explore investment opportunities in these two emerging markets from
a variety of angles.
The AFF Deal Flow Matchmaking Session, co-organised by the HKTDC
and the Hong Kong Venture Capital and Private Equity Association
for the ninth consecutive year, will provide a platform for
business discussions between capital-seeking companies and project
owners, private equity firms, enterprise investors, intermediaries
and professional services providers. Roundtable Networking, Project
Presentations as well as the Financial and Professional Advisory
Services Zone will also be organised for industry experts to share
the latest industry trends, market intelligence, and exchange
business suggestions with participants.
- IFFO presents insights on infrastructure financing
Increasing global attention is focusing on the vast opportunities
in infrastructure development and their related financing
activities, which have been given further impetus by the Belt and
Road Initiative. Hong Kong Monetary Authority's Infrastructure
Financing Facilitation Office (IFFO) will organise a workshop on
Day Two morning, inviting senior industry leaders to discuss the
opportunities and challenges of infrastructure financing in Asia,
as well as Hong Kong's role in these developments. Besides, IFFO
will organise a promotion event for speakers from investment
promotion agencies of emerging economies to elaborate on the
investment environment and upcoming opportunities in infrastructure
financing. After the AFF, IFFO will organise a workshop on
Infrastructure Public-Private Partnership Projects.
Asian Financial Forum: http://www.asianfinancialforum.com/
Interview with Dr Raghuram Rajan - podcast link:
http://www.hktdc.com/info/podcast/v/en/en/1X04CU5D
Photo download: http://bit.ly/2hDnfB9
Media Registration:
Media may register for AFF 2017 on-site with their business cards
and/or media identification.
To view press releases in Chinese, please visit
http://mediaroom.hktdc.com/tc
About HKTDC
The Hong Kong Trade Development Council (HKTDC) celebrates its 50th
anniversary this year. The HKTDC is the international marketing arm
for Hong Kong-based traders, manufacturers and services providers.
With more than 40 offices globally, including 13 on the Chinese
mainland, the HKTDC promotes Hong Kong as a platform for doing
business with China and throughout Asia. The HKTDC also organises
international exhibitions, conferences and business missions to
provide companies, particularly SMEs, with business opportunities
on the mainland and in overseas markets, while providing
information via trade publications, research reports and digital
channels including the media room. For more information, please
visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc,
LinkedIn.
Google+: https://plus.google.com/+hktdc
Twitter: http://www.twitter.com/hktdc
LinkedIn:
http://www.linkedin.com/company/hong-kong-trade-development-council
Source: HKTDC
Contact:
HKTDC
Communication and Public Affairs Department
Joe Kainz
Tel: +852 2584 4216
Email: joe.kainz@hktdc.org
Copyright 2016 ACN Newswire . All rights reserved.
Standard Chartered (LSE:STAN)
Historical Stock Chart
From Apr 2024 to May 2024
Standard Chartered (LSE:STAN)
Historical Stock Chart
From May 2023 to May 2024