Editorial : Nothing Better Than a Regular Financial Summit
文章日期:2022年11月4日

【明報專訊】The world is facing a "polycrisis", and the economic outlook is full of uncertainties. The Global Financial Leaders' Investment Summit held yesterday (2 November) has become a platform of exchange between top foreign bankers and the financial officials of the central government and Hong Kong. Underlining Hong Kong's unique positioning of "leveraging the support from China while engaging with the world", the summit is of positive significance for highlighting Hong Kong's role as an international financial centre. The authorities should host summits like this one regularly and try their best so that they could match up to the World Economic Forum in Davos, Switzerland in the long run. The core of the speeches by Beijing's and Hong Kong's financial officials yesterday was about telling the stories of China and Hong Kong well. In particular, the remark "Don't bet against China and Hong Kong" was very bold. In the eyes of foreign investors, investing in Hong Kong means investing in the prospects of China. Some heads of major banks attending the summit expressed their optimism about the Chinese market. However, geopolitical risks and the lack of understanding of mainland policies do affect the judgment of some investors. It is necessary for the authorities to explain more to avoid misunderstandings.

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