China's top financial officials set to speak at Hong Kong summit

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GUANGZHOU, CHINA - APRIL 6: Chinese Vice Premier He Lifeng prepares for a gathering with U.S. Treasury Secretary Janet Yellen connected April 6, 2024 successful Guangzhou, China. 

Ken Ishii | Getty Images News | Getty Images

Chinese Vice Premier He Lifeng and respective different apical fiscal policymakers are scheduled to talk Tuesday astatine a planetary financiers acme successful Hong Kong.

Hosted annually by the Hong Kong Monetary Authority, the 3rd Global Financial Leaders Investment Summit volition clasp its main events passim the day, aft hosting guests astatine a invited meal connected Monday evening.

He, who oversees a top-level economical and fiscal policy-making body, would beryllium delivering an opening keynote code astatine the summit, according to South China Morning Post.

Li Yunze, curate of China's National Financial Regulatory Administration, on with with Wu Qing, Chairman of China Securities Regulatory Commission and Zhu Hexin, lawman politician of People's Bank of China, are scheduled to sermon mainland China's fiscal developments successful a panel, according to HKMA's docket of the summit.

Some of the world's largest banks person moved to standard backmost operations and chopped jobs successful Hong Kong and mainland China amid a prolonged dearth successful listing and deal-making activities.

The exodus of superior made the city's Hang Seng the worst-performing large index past year, according to LSEG data.

Operators of Hong Kong's banal speech person pointed to signs of pickup successful the 3rd quarter arsenic Beijing unveiled a raft of stimulus measures to bolster its flagging economy.

Speakers astatine the three-day league see high-profile planetary bankers specified arsenic JPMorgan Chase President Daniel Pinto, Morgan Stanley main enforcement serviceman Ted Pick, Citigroup CEO Jane Fraser and Goldman Sachs CEO David Solomon.

This is simply a processing story. Please cheque backmost aboriginal for much updates.

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