The Chief Executive of Hong Kong Monetary Authority, Eddie Yue, outlined the Special Administrative Region’s economic prospects during a briefing with Asia House Corporate Members.
Yue gave an optimistic outlook for Hong Kong’s financial sector in a briefing which covered the SAR’s ongoing role as an entry point for Chinese markets, its increasing importance as an RMB centre, and the investment environment in the city, which has remained steady.
The ongoing unrest in Hong Kong, which has seen concerns among the business and investment community about the region’s future as a global finance hub, was also covered in the off-the-record discussion, chaired by Asia House Chief Executive, Michael Lawrence. The disruption posed by FinTech, including the shift from cash to digital payments, was also raised during the meeting.
The briefing follows Asia House’s recent Future of Trade conference in Hong Kong, at which Carrie Lam, Chief Executive of the SAR, shared concerns about the economic impact of protests in the city.
WATCH CARRIE LAM’S SPEECH HERE
The briefing, on 15 Jan 2020, was held exclusively for Asia House Corporate Members. To find out more about the benefits of becoming a Corporate Member at Asia House, or for further information about our services, contact Charlie Humphreys, Director of Corporate Affairs: charlie.humphreys@asiahouse.co.uk