Exclusive | China’s Vice-Premier He Lifeng to lead financiers to Hong Kong’s bankers summit next week

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China’s Vice-Premier He Lifeng will lead delegation to the 2024 Global Financial Leaders Investment Summit in Hong Kong, two sources said

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A video address by China’s Vice Premier He Lifeng during the Global Financial Leaders’ Investment Summit in Hong Kong on 7 November 2023. Photo: May Tse

Zhou XinandEnoch Yiu

Published: 10:01pm, 11 Nov 2024Updated: 11:11pm, 11 Nov 2024

China’s Vice-Premier He Lifeng, the government’s top man on the financial industry, is scheduled to lead a delegation of senior bankers and officials to Hong Kong next week for the third annual conference of global financiers, according to sources familiar with the plans.

He is expected to lead a contingent comprising the heads of China’s state banks, including Bank of China’s chairman, Ge Haijiao, to the 2024 Global Financial Leaders Investment Summit organised by the Hong Kong Monetary Authority (HKMA), the sources said.

The delegation will be the biggest participation by mainland officials and bankers to Hong Kong since HKMA kicked off its inaugural confab in 2022 to announce to the world that the city was “back in business” after the Covid-19 pandemic.

During last year’s conference, He delivered a keynote address by video from Beijing on the event’s opening day.

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Summit for 300 financial chiefs will refresh views of Hong Kong, says HKMA CEO Eddie Yue

More than 100 chairmen, chairwomen and CEOs of global banks have confirmed their attendance at this year’s edition from November 18 to 20, HKMA CEO Eddie Yue Wai-man said in an interview last month.

The 300-person capacity at the summit’s venue, the Grand Hyatt hotel in Wan Chai, is completely filled, with some financiers remaining on the waiting list.