Dr Peter K N Lam, GBM, GBS

Chairman

WELCOME REMARKS

The Honourable John KC Lee, GBM, SBS, PDSM, PMSM

The Chief Executive

OPENING REMARKS

Mr Zhou Ji

Executive Vice Director

Dr Pan Gongsheng

Governor

Mr Liu Zhenmin

Special Envoy for Climate Change

SPECIAL REMARKS

Opening Session

While the softened global inflation pressures and commencement of interest rate cut by major central banks have given some hope to global economic outlook, our world grapples with persistent and emerging challenges: regional conflicts, formation of new governments after major elections that bring policy uncertainties, impacts of climate changes, just to name a few.  


In this increasingly complex landscape, what we need is an innovative mindset to unlock new avenues for growth for meeting new challenges and seizing new opportunities.  


In this session, senior policymakers will share insights on how we could navigate this volatile environment by finding and powering new growth engines.

Mr Christopher Hui Ching-yu, GBS, JP

Secretary for Financial Services and the Treasury

PANEL CHAIR

Mr Muhammad Aurangzeb

Federal Minister of Finance and Revenue

H.E. Adylbek Kasymaliev

Chairman of the Cabinet of Ministers – Head of the Presidential Administration

H.E. Gilles Roth

Minister of Finance

Mr Yoshiki Takeuchi

Deputy Secretary-General

SPEAKERS

Plenary Session I - Innovation: The Solution to Unlock the Next Growth Engines

Mr Jack Chan, JP

EY China Chairman and EY Greater China Regional Managing Partner

SPEAKER

Presentation on Joint Survey by HKTDC and EY

AFF Deal-making

The past year was filled with uncertainties stemming from inflation, monetary policy shifts, and elections around the world.  As these issues move behind us, driving economic growth is becoming a top priority for both incoming and incumbent policymakers.  The outlook is further complicated by geopolitical dynamics, shifting demographics, escalating debt, and the need for climate action.  However, amidst these challenges lie significant opportunities.  The potential benefits of technological advancements and digital transformation present a promising pathway to renewed growth and innovation.  


With monetary policy expected to turn more accommodative globally, policymakers may find themselves at a unique juncture to implement strategies that can revitalise our economies and power the next growth engine.  Speakers in this session will discuss these opportunities and challenges, the evolving innovative landscape, and how national authorities can strategically position themselves to turbo-charge growth in their economies.

Mr Eddie Yue, JP

Chief Executive

Mr Bayardavaa Bayarsaikhan

Director General of the Monetary Policy Department

Dr Philip Lane

Chief Economist and Member of Executive Board

Mr Rogelio V. Quevedo

Commissioner

Dr Olli Rehn

Policy Dialogue – Accelerating Growth through Innovation

(Sponsored by: CICC)Long-term economic trends are shifting, with rising risks of a fragmenting global economy, greater protectionism, and mounting geopolitical tensions. What does this backdrop mean for the global economic and financial landscape in 2025 and beyond? What is the role of mutual understanding and multilateralism in fortifying economic resilience and fueling new growth drivers? And what challenges and opportunities lie ahead for Hong Kong, China’s most internationalised city, and how can it best position itself to take full advantage of them?In this session, Prof Justin Lin Yifu will provide an overview on the global economy’s ever-changing dynamics, as well as China’s current trajectory and its evolving role in the world.

The Honourable Paul Chan Mo-po, GBM, GBS, MH, JP

Financial Secretary

Mr Chen Liang

Chairman of the Board of Directors and Chairman of the Management Committee

Prof Justin Yifu Lin

Chief Economist and Senior Vice President (2008-2012)

Prof Y.C. Richard Wong , SBS, JP

Philip Wong Kennedy Wong Professor in Political Economy; Provost and Deputy Vice-Chancellor

MODERATOR

Keynote Luncheon

(co-organised with Insurance Authority)An aging society presents a multifaceted challenge and contributes to a widening protection gap. At the same time, as demographic shifts reshape societal needs, the emerging Silver Economy presents significant growth opportunities for the insurance industry.In this panel, experts from insurance and academics will share insights on how the industry can capitalise on these opportunities, with a particular focus on the interconnectedness of the Greater Bay Area to create synergies and drive innovation in insurance products and services tailored to the Silver Economy. The discussion will also explore the role of insurance in fostering sustainable societal growth.

Mr Clement Lau

Executive Director, Policy and Legislation

Mr Lawrence Lam

Chief Executive Officer

Ms Orchis Li

General Manager

Prof Heiwai Tang

Director of Asia Global Institute, 
Associate Dean of HKU Business School, 
Victor and William Fung Professor in Economics

Mr Wilson Tang

Panel Discussion on Insurance & Risk Management – Navigating the Silver Economy: Insurance Sector Opportunities in an Aging Society

In 2025, global economic growth is widely expected to stabilise, and while the inflation shock is over, uncertainties on the policy front are set to rise. How can the global economy and the world’s key supply chains best be insulated from the likely consequences? Are businesses sufficiently prepared for these challenges, including trade finance and potential “slowbalisation”? Beyond this, what can we expect in emerging sectors and regions to be the next driver of global growth, and how might firms and economies best take advantage of these emerging opportunities?


Our distinguished panellists will share their insights on the trends and undercurrents shaping the economic outlook for 2025 and beyond.

Mr Liu Haoling

Vice Chairman, President, and Chief Investment Officer

Mr Victor L. L. Chu, SBS, CBE

Chairman & CEO

Mr Ernesto Torres Cantú

Member of Executive Management Team and Head of International

Ms Bonnie Y Chan

Mr J. Christopher Donahue

President, Chief Executive Officer

Mr Antoine Gosset-Grainville

Chairman of the Board of Directors

Dr Fred Hu

Founder and Chairman

Panel Discussion on Global Economic Outlook

The flow of venture capitals has been instrumental in catalysing waves of technological advancements from fintech to healthtech, from data analytics to the emergence of Generative AI. With a new tide of technologies set to disrupt the world in the years under the acceleration of AI, this panel will explore the evolving application of emerging technologies, and the latest investment appetite of venture capitalists. The discussion will dissect how investors view the current cash flow and burn rate of tech firms, and what entrepreneurs should take note of the year ahead in innovating their tech offerings.

Mr Johnny Chan

Chief Investment Officer

Dr Abdulrahman Alolayan

Founder & Managing Partner

Ms Anna Fang

Founding Partner and CEO

Mr Ronald S. Simorangkir

Mr Aysar Tayeb

Executive Managing Director

Global Spectrum – Funding the Future of Emerging Technologies

Mr Utpal Patel

RegTech Committee Co-Chair

Mr Peter Deans

Director

Mr Brian Tang

Founding Executive Director

Fireside Chat – RegTech Revolution: Enhancing Compliance in the Digital Era

Dr Patrick Lau

Deputy Executive Director

Tan Sri Azman Mokhtar

Malaysia – Hong Kong Islamic Finance Roundtable

(co-organised with HKMA)In an era defined by rapid change and increasing competition, the asset and wealth management industry faces the imperative to evolve and align with the expectations of future investors.This panel will explore three key drivers for future growth: the evolution of individual investor preferences, the transformative power of technology, and product innovation.The panellists will share their experiences and insights on how their organisations adapt their strategies to not only meet the needs of today’s investors but also anticipate the demands of tomorrow.

Mr Darryl Chan, JP

Deputy Chief Executive

Mr Michael Bugel

Managing Director, Co-Head of APAC

Dr Massimo Greco

Vice-President

Dr Eric Yip Chee Hang

Executive Director, Intermediaries

Mr Sam Yu

Panel Discussion on Asset and Wealth Management – Engaging the Next Wave of Investors

China’s recent prioritisation of “new quality productive forces” represents a major evolutionary step in the country’s development strategy. Against the backdrop of a complex external environment, what are the implications of China’s drive for high-tech development? How might emerging industries catalyse economic growth? What opportunities do changing consumer patterns offer for businesses and investors? 


In this session, panellists will share their insights into the challenges and opportunities emerging from China’s commitment to technological innovation, while also considering the related prospects for private sector investment, and the implications for global business.

Ms Irina Fan

Director of Research

Mr Charles Li, SBS

Founder and Chairman of Micro Connect

Ms Li Yimei

Mr Ken Wong

Executive Vice President

Mr Wilson Zhang

Managing Director, Global Executive Head of Equities

Panel Discussion on China Opportunities

With the launch of the IFRS Sustainability Disclosure Standards by the International Sustainability Standards Board (ISSB) as a global baseline for sustainability disclosures to support economic and investment decisions, Hong Kong has been a trailblazer, being one of the first jurisdictions to align local sustainability disclosure requirements with these Standards. This panel will explore the pathways and key parameters for companies and market participants to better understand the best practices, challenges, and opportunities for advancing sustainability initiatives globally. It will also highlight the importance of this global milestone in developing efficient and resilient capital markets in Hong Kong and across the globe.

Ms Janey Lai 

Mr Edward Au

President

Ms Sue Lloyd

Vice Chair

Mr Justin Wu

Managing Director, Head of Climate Change Asia Pacific, Global Sustainability

Global Spectrum – Setting Global Milestone in Sustainability

Dr Rocky Tung

Director & Head of Policy Research

Ms Carmen Chan

Head of Trade, Hong Kong and Greater China & North Asia

Mr Anson Suen

Co-founder and CEO

Fireside Chat – Empowering Trade Finance: Bridging Opportunities and Mitigating Risks

In an interconnected global economy, abundant volume of transactions is made in seconds, fuelling various forms of cross-border transactions. What are the observations in consumption patterns across medium and regions? How do payment gateways and regulatory frameworks across geographies adapting to the ever-changing technological breakthrough and consumer patterns? 


Our payment tech experts will delve into the latest trends and consumer adoption, while providing insights on regional growth prospects.

Mr David Chen 

Partner, Technology Consulting

Mr Marc Baghadjian

CEO and Co-Founder

Mr Dennis Chang

Executive Vice President and Division President of Greater China

Mr Lewis Sun

Global Head of Domestic and Emerging Payments, Global Payments Solutions

Mr Tim Ying

Dialogues for Tomorrow – Payment Tech in Action

We are living in an increasingly divided world, facing significant challenges such as regional conflicts, rising trade protectionism, and restrictions on cross-border investment and knowledge transfer.  


In this complex landscape, there is a pressing need for a new mindset on enhancing collaboration, rebuilding trust, and fostering partnerships, so that we can work together to achieve shared growth and prosperity.  


In this discussion, leaders of multilateral organisations will share their views on how the world could find common ground to foster cooperation.

Ms Roberta Casali

Vice-President, Finance and Risk Management

Mr Jin Liqun

President and Chair of the Board of Directors

Mr Satvinder Singh

Deputy Secretary-General for ASEAN Economic Community

Plenary Session II – Collaboration: The Road to Growth and Prosperity

(Sponsored by: The Hongkong and Shanghai Banking Corporation)

Ms Luanne Lim, MH

Chairperson

Cocktail Reception (By Invitation Only)

(co-sponsored by: Financial Services Development Council and Standard Chartered)As the global community accelerates its journey toward achieving net-zero emissions, the spotlight intensifies on the crucial role of sustainable finance. In 2023, the International Renewable Energy Agency highlighted the economic potential of this transition, projecting a US$150 trillion investment opportunity by 2050.1 This highlights the need for broader stakeholder participation and calls for a more inclusive approach to sustainable finance. Within this dynamic landscape, transition finance emerges as a critical tool for addressing financial gaps.The Financial Services Development Council (FSDC) is convening a panel of distinguished financial leaders and other industry experts to shed light on Hong Kong’s strategic role in supporting the global transition as an international financial centre. The city can capitalise on its enhanced global connectivity to foster cross-boundary/border collaborations, particularly within the Greater Bay Area and targeted overseas markets such as the Middle East, contributing to a more interconnected ecosystem for sustainable finance. While highlighting the multifaceted opportunities that transition finance presents for stakeholders across borders, the discussion will also delve into the complexities of evolving market factors, such as interoperable taxonomies, reporting standards and technological support. Our esteemed panellists will provide insights and share real-world cases on how transition finance is reshaping core businesses and driving innovation in the sector.Join us for a thought-provoking discussion that aims to inspire action and collaboration in progressing Hong Kong into a prominent hub for transition finance. Together, the city can facilitate the flow of international capital and advance technology development, contributing meaningfully to the global climate agenda.

Ms Mary Huen, JP

CEO, Hong Kong and Greater China & North Asia

Mr Laurence Li, SC, JP

Dr King Au, MH

Executive Director

Mr Joseph H. L. Chan, JP

Under Secretary for Financial Services and the Treasury

Mr Daniel R. Fung, SBS, SC, KC, JP

Vice Chairman & Carbon Markets Working Group Leader

Mr John Murton

Senior Sustainability Advisor

Ms Sharon Wang

Group Treasurer

Mr Gabriel Wilson-Otto

New Business Committee Member & Transition Finance Working Group Co-leader

Breakfast Panel – Accelerating Flows of Transition Finance: Shaping a Sustainable Future for GBA and Beyond

As financial markets continue to evolve, the necessity for effective partnerships and alignment across regions becomes increasingly critical for enhancing market liquidity, attracting investment, and driving sustainable economic growth. This panel will feature industry leaders, regulators, and financial experts to share insights on regulatory harmonisation, strategies for fostering collaboration across capital markets, and actionable recommendations for strengthening regional financial ecosystems.

Ms Hannah Ha

Commercial Managing Partner

Mr Barry Chan

Managing Director, Head of Asia Australia Region, Head of Investment Banking Hong Kong

Mr Abdulaziz bin Hassan

Board Member

Ms Vanessa Lau

Chief Operating Officer & Group Chief Financial Officer

Global Spectrum – Forging Regional Capital Markets Collaboration

(Sponsored by:  UBS)Generational transitions are inevitable for any family businesses. As the lifeblood of many economies, family businesses carry a rich legacy of values, cultures, and hard-earned successes. Driven by the uniqueness from family’s dynamics, goals and strong emotional ties, passing the baton to the next generation can be challenging and complex.With carefully curated family business transition strategies, ownership and/or management succession can be a positive crossroad for families to embark on the next phase of growth ventures with members united behind common visions.We will explore with our speakers on how they balance rational and emotional complexities within their family businesses as well as effectively manage their family wealth. 

Dr Andrew Lo

Head, A&S Family Advisory North Asia

Mr Anson Chan

Chairman and CEO

Mr Bryant Lu

Vice Chairman

Ms Janet Shih

Chairlady of Centaline Group Subsidiaries

Thematic Workshop - Passing the Baton: A Visionary Roadmap for Family Business Succession

Program