Global Finance Chiefs to Face Tough China Questions

The Global Financial Leaders Investment Summit, a flagship event hosted by the Hong Kong Monetary Authority, begins Monday with participants including Goldman Sachs Chief Executive David Solomon, Morgan Stanley boss James Gorman, Citigroup's Jane Fraser, as well as HSBC's Noel Quinn and Standard Chartered's Bill Winters.

"The main question in the mind of everybody when they come to Hong Kong is how is the Chinese economy performing and what would be the swings coming from there," said Diana Parusheva-Lowery, head of public policy and sustainable finance at the Asia Securities Industry & Financial Markets Association in Hong Kong.

Trading volumes have also slumped as foreign investors reduce exposure to a China they view as increasingly isolated by its opaque policies, struggling property sector and crackdowns on private enterprise. "And senior people in the financial sector are keenly aware of those issues, even if they don't discuss them publicly," Beddor said.Hong Kong's financial job market, which saw an exodus of foreign employees during COVID, is unlikely to recover in the near term amid a challenging operating environment, recruiters and industry insiders say.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Global finance chiefs to face tougher China questions at Hong Kong summitGlobal investment bank and asset manager chiefs are reuniting in Hong Kong next week amid geopolitical tensions and China's economic slowdown, seeking to redefine their position in the world's second-largest economy and its offshore financial hub.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Finance Chiefs Take Measured Approach to Using Real-Time PaymentsFor CFOs a key selling point of systems like the Federal Reserve’s FedNow is the ability to closely manage working capital
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »

Strong spend in mainland China lifting global art market: UBS, Art BaselHigh-net-worth collectors from the region recorded the highest median expenditure in the first half of the year, at $241,000, according to the newly-published Survey of Global Collecting in 2023.
แหล่ง: LuxuryDaily - 🏆 325. / 59 อ่านเพิ่มเติม »