Hong Kong is rewriting its economic playbook amid intensifying geopolitical tensions and the rapid advancement of artificial intelligence (AI), and is pivoting towards commodity trading, fintech and green finance, the city’s leader has said, while pledging to provide stability for investors.
Addressing the annual Global Financial Leaders’ Investment Summit on Tuesday, Chief Executive John Lee Ka-chiu also said the city’s first five-year plan was a long-term road map that provided market certainty amid wider global volatility.
Organised by the Hong Kong Monetary Authority, this year’s summit, titled “Rethinking the Playbook”, drew 280 business leaders, including 120 group chairpersons and CEOs.