China is sending senior regulators to address some of the world's biggest bankers in Hong Kong this week, offering insight into Beijing's policy priorities amid uneven growth and an expected meeting between Presidents Donald Trump and Xi Jinping later this month.
Vice Premier He Lifeng will give an opening keynote speech by video to the Global Financial Leaders' Investment Summit organized by the Hong Kong Monetary Authority, according to an updated agenda of the event. Officials from the Chinese central bank, along with the securities market, foreign exchange, and banking and insurance regulators, will also speak on a panel.
The panel, scheduled for Tuesday, will share "perspectives of mainland financial regulators" and is moderated by HKMA Chief Executive Eddie Yue, according to the summit's agenda. Speakers include central bank Deputy Governor Zou Lan, National Financial Regulatory Administration Vice Minister Xiao Yuanqi, China Securities Regulatory Commission Vice Chairman Li Chao, and State Administration of Foreign Exchange Deputy Administrator Li Hongyan.
About 280 global bankers are expected to attend the city's flagship annual gathering of senior world finance executives, making the event a closely watched venue for signals on China's financial policy direction.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing