Private lunch with John Tsang, Financial Secretary of Hong Kong

John Tsang Chun-wah, GBM, JP, Financial Secretary of Hong Kong, was the chief guest at an exclusive, private luncheon held just for Asia House’s corporate members.

This briefing, supported by the Hong Kong Economic and Trade Office, London, and held under the Chatham House Rule, focused on the opportunities and challenges for the Hong Kong economy.

Mr Tsang said the close links between Hong Kong and the UK, combined with Mainland China’s rapid reform and opening up to the world, continue to present new opportunities for business. He added there were ample opportunities for Hong Kong and the UK to develop even stronger ties.

Other issues discussed at the lunch included:

1. Hong Kong as an international financial centre and offshore RMB business centre

2. Hong Kong’s competitiveness vis-a-vis Shanghai and Singapore

3. Property prices in Hong Kong

4. Ease of doing business in Hong Kong

5. Hong Kong as a gateway to Mainland China with the CEPA (Closer Economic Partnership Arrangement)

6. The Linked Exchange Rate System

7. General economic landscape of Hong Kong

The event was attended by representatives from Asia House’s corporate members, including HSBC, Standard Chartered, Prudential, ANZ, Baring Asset Management Holdings, BP, EY, G3, Herbert Smith Freehills LLP, KPMG and Linklaters.

The Public Policy series, which consists of private briefings with high-level political figures, is open exclusively to Asia House’s corporate members.

Click here for more information about corporate membership.