A general view of Two International Finance Centre, HSBC headquarters and Bank of China in Hong Kong, July 13, 2021. (TYRONE SIU/REUTERS)

HONG KONG - The Hong Kong Monetary Authority said on Thursday that its Global Financial Leaders’ Investment Summit will take place on Nov 2 with some of the world’s top banking chief executives and asset managers to attend.

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In an article published in the HKMA’s official column “inSight”, the authority’s Chief Executive Eddie Yue Wai-man said the summit has attracted participants from over 100 major institutions, including banks, securities firms, and insurers. More than 30 of these institutions are represented by their group chairmen or CEOs.

Under the theme of “Navigating Beyond Uncertainty”, participants will share insights and ideas through speeches and panel discussions on three sets of challenges and opportunities facing the global financial community, said HKMA Chief Executive Eddie Yue

Goldman Sachs Group Inc CEO David Solomon, Citigroup Inc head Jane Fraser, Morgan Stanley boss James Gorman and BlackRock Inc President Rob Kapito will be among the speakers, according to the HKMA.

The summit is an initiative announced by Financial Secretary Paul Chan Mo-po in his 2022-23 Budget. Under the theme of “Navigating Beyond Uncertainty”, participants will share insights and ideas through speeches and panel discussions on three sets of challenges and opportunities facing the global financial community.

Yue also noted that COVID-related travel restrictions have made it difficult for financial leaders to visit Hong Kong for almost three years. The easing of travel curbs announced by the Hong Kong Special Administrative Region's government last week allowed the summit to be a physical one, he said.

“Now that travel is easier again, we wanted to make the summit a physical event, so that our guests can take the opportunity to meet their staff and clients in person, and establish new relationships,” according to Yue.

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“Equally important, they can see for themselves the resilience and vibrancy that define Hong Kong, and the opportunities that the city offers to pivot their businesses to the burgeoning Asian markets,” he added.

With Reuters' inputs