‘Innovation’ and ‘growth’ buzz words of 2018 AFF
Chief Executive Carrie Lam highlighted the tremendous growth and untapped potential in the Asia region for business opportunities and investments at the opening of the 11th annual Asian Financial Forum (Jan 15-16) in Hong Kong. She noted the growing Chinese economy in particular and the city’s position as the world’s largest offshore RMB business hub, the mainland’s preferred city to list IPOs, and as a center for asset and risk management, and concluded by praising innovation and advancements in technology as paramount for generating new business opportunities and raising operational efficiency.
Financial Secretary reaffirms city’s ambitions
More than 80 speakers and 700 business leaders and investors gathered at the annual Asia Private Equity Forum (Jan 17) in Hong Kong in which Financial Secretary Paul Chan gave a rousing keynote praising HK’s 3.7% growth rate in 2017 -the fastest in six years- and predicting great things for 2018. He reiterated the government’s support of the fund and asset management industry, and its goals to enhance competitiveness and economic growth. “Our ambition is out sized, as is our ability and resolve.”