Bankers meet with Hong Kong’s gove • Table.Briefings

The CEOs of the leading investment banks will meet in Hong Kong for the first time since the pandemic. The meeting is considered a commitment to the world’s third-largest financial center of 2021. Nevertheless, many things have gone awry there: The stock market is dragging its feet and there is no progress on opening up the Chinese market. The bankers will have clear words for Hong Kong’s Chief Executive John Lee.

Hong Kong is back. On Wednesday, the financial metropolis invited the 100 leading Western financial institutions to the Global Financial Leaders’ Investment Summit. And they are indeed coming: Some 40 financial institutions will even send their chairmen or CEOs to the meeting organized by the Hong Kong Monetary Authority, including the biggest players on Wall Street: Daniel Pinto of JPMorgan will be attending, as will David Solomon of Goldman Sachs and James P. Gorman of Morgan Stanley. The heads of Blackrock, UBS, Blackstone and HSBC also arrived. A total of around 12,000 participants are expected to attend. It is to be a kind of „coming out party“ for Hong Kong, writes Reuters. The motto: „Navigating behind the uncertainties“.

Bankers meet with Hong Kong’s government

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