The first session will cover China's economy and policies, property market and financial situation of local governments, says Eddie Yue. The three-day Global Financial Leaders' Investment Summit started with a dinner reception and a tour of the Palace Museum in West Kowloon last night for bankers and managers from financial institutions across the globe. People's Bank of China deputy governor Zhang Qingsong, National Financial Regulatory Administration vice minister Xiao Yuanqi, and China Securities Regulatory Commission vice chairman Wang Jianjun will speak at the summit. The companies had indicated that their clients' interest and demand for investing in the mainland has not been reduced. Last month, active long-only funds net sold a combined US$3.1 billion (HK$24.18 billion) in China and Hong Kong stocks in the third straight month of over US$3 billion in net sales, according to Morgan Stanley.

Source: The Standard November 07, 2023 01:13 UTC