Breakfast Panel on “Hong Kong’s Changing Role as an Investment Gateway: New Trend, New Generation and New Strategy”

Sponsored by:

Hong Kong has long been a leading capital formation centre and investment gateway for companies and investors from Mainland China, Asia and the rest of the world. Building on the well-established financial infrastructure and international network, asset owners and managers operating out of Hong Kong invest for both the public and private sectors, with asset under management reaching approximately US$3 trillion as of end-2018.

Meanwhile, a new perspective on investments has been emerging, partly because the new generations see the world and wealth accumulation differently comparing to baby boomers and Generation X. At the same time, the rise of advanced technologies has been transforming the investment landscape, consumer preferences and the overall business environment. These developments explain why such trends as ESG and impact investing, big data analytics, as well as robo-advisory, are drawing much attention from the investment community.

Amidst these trends, what are some new strategies that investors are considering? Are there any implications for Hong Kong’s role as an investment gateway for Mainland china, Asia and the world? What have the Hong Kong SAR Government and industry participants done in anticipation of the changes ahead? These issues will be discussed at our panel constituted by senior representatives from the Hong Kong SAR Government, a global professional services provider, and a leading Internet-based platform company.

Opening Remarks

• Mr Laurence Li, JP
  Chairman, Financial Services Development Council

Moderator

• Ms Winnie Wong
  Board Member, Financial Services Development Council;
  Chief Executive Officer, Asia Insurance Co., Ltd.;
  CEO & Executive Director, Avo Insurance Co., Ltd.

Panel Speakers

• The Hon James Lau, JP
  Secretary for Financial Services and the Treasury, The Government of the Hong Kong Special Administrative Region of the People’s Republic of China
• Mr Andrew Weir
  Board Member, Financial Services Development Council;
  Regional Senior Partner, KPMG Hong Kong;
  Vice Chairman, KPMG China;
  Global Chairman of Asset Management and Real Estate, KPMG International
• Mr Jim Lai
  Board Member, Financial Services Development Council;
  Vice President, Tencent Holdings Limited;
  Chairman, Fusion Bank Limited

Unleashing FinTech Innovations: Virtual Banking and Trade Finance

Sponsored by:

Things are looking rosy for Hong Kong’s FinTech development in 2020. The market is gearing up for the rollout of the eight virtual banks who were granted licenses last year. The financial industry has been more receptive to Open API, which will bring about more unique products and innovative customer experiences. All the while, FinTech continues to reduce barriers for cross border transactions and facilitate international trade.

• Opportunities and obstacles in virtual banking and potential collaborations;
• How Distributed Ledger Technology (DLT) is reshaping trade finance and how SMEs can leverage the advanced technology to expand their global footprint

Welcome Remarks and Moderator of Fireside Chat

• Dr Lee George Lam
  Chairman, Hong Kong Cyberport

Speakers of Fireside Chat

• Mr Rockson Hsu
  CEO, ZA Bank
• Ms Michelle Li
  CEO, AMTD Digital
• Mr Simon Loong
  Founder and Group CEO, WeLab

Moderator of Panel Discussion

• Ir Eric Chan
  Chief Public Mission Officer, Hong Kong Cyberport

Speakers of Panel Discussion

• Mr Andy Chan
  Co-founder and Chairman, Qupital Limited
• Mr Gianluca Pizzituti
  Co-founder & Chief Executive Officer, Velotrade Management Limited
• Mr Maverick Tam
  Chief Risk Officer, Hong Kong Trade Finance Platform Company Limited
• Mr Terence Yeung
  Chief Fintech Officer, MoneySQ.com; Head of Business, trustME

Fintech and Digital Currency: Financial Innovation in Greater Bay Area

Sponsored by:

Technology-driven financial innovation makes inclusive finance possible and brings forth new business models by improving efficiency and reducing costs, but it also raises regulatory concerns. Among the emerging technologies, digital currency is closely watched by many, and its development will profoundly affect the social structures of future societies. Hence, discussions about fintech-related key topics are particularly important. These key topics include the impacts of fintech in the monetary policy transmission mechanism, regulation of large new financial platforms, as well as the relationship between the public and private sector. As a key financial hub, the industrially advantageous Guangdong-Hong Kong-Macao Greater Bay Area can adopt and actively promote fintech innovation to advance the development of the whole financial sector.

As China's biggest financial media group, the Yicai Media Group will invite representatives and experts from government, companies and research institutions to the workshop. Through panel discussion and experience sharing by the guest speakers, the workshop will focus on the developments of FinTech and the Greater Bay Area and discuss the future of financial innovation and digital currency.

Moderator

• Ms Hang Yu, Lynn
  Chief Correspondent in Hong Kong, YICAI TV

Keynote Speech: Regulatory Challenges and Development Trend of Libra from the Perspective of Financial Innovation

• Prof Ba Shusong
  Managing Director, HKEX; Chief China Economist

Speakers

• Mr Cheney Tsoi
  President of Asia Blockchain Society
• Mr Zhu Jiang
  Blockchain Business Leader and Blockchain R&D (Blockchain Department) General Manager at Kingsoft Cloud
• Mr Peter Reynolds
  Partner and Head, Greater China Oliver Wyman

Coffee Break

Reshaping Banking with Artificial Intelligence

Organised by:
Financial Services and the Treasury Bureau, The Government of the Hong Kong Special
Administrative Region of the People’s Republic of China
Hong Kong Monetary Authority
Hong Kong Trade Development Council

Among the many new technologies to have had an impact on the corporate world in recent years, Artificial Intelligence (AI) is likely to be a critical disruptor for the banking industry. The HKMA has recently published a report on the application of AI in banking, indicating that almost 90% of the surveyed retail banks have adopted or plan to adopt AI applications. The report also explores the risk and potential of AI as well as the market outlook to help the industry further adopt the technology.

In this session, esteemed panellists from the public and private sectors will share their insights into the rise of AI, their journeys in adopting AI, and the business opportunities AI brings to the banking industry.

Moderator

• Mr Dick Fong
  Emerging Technology Leader, PwC

Speakers

• Mr Nelson Chow
  Chief Fintech Officer, Fintech Facilitation Office, Hong Kong Monetary Authority
• Mr Ryan Fung
  Chief Executive, Ping An OneConnect Bank
• Mr Toby Chen
  Deputy General Manager, A.I. Group, WeBank
• Mr Medhy Souidi
  Head of FinTech & StartupXchange, DBS; Board Member, FinTech Association of Hong Kong

The Circular Economy and its Role in Reducing Marine Plastics

Co-organised by:

The circular economy is gaining traction as a way to manage risk and develop more resilient and competitive markets with long term economic benefits. Significantly it has the potential to mitigate and minimize environmental damage, not least, marine plastics. Managing waste is one of our most significant global challenges. What business models are out there to deal with waste and marine plastic profitably? How can policy creation help governments and business support the growth of nascent waste treatment industries, particularly for marine plastics. Our panel will discuss these issues.

Moderator

• Mr Vivek Pathak
  Regional Director for East Asia and the Pacific, International Finance Corporation (IFC)

Speakers

• Dr Anjali Acharya
  Senior Environmental Specialist, Environment, Natural Resources and Blue Economy at World Bank
• Ms Naina Subberwal Batra
  Chairperson & CEO, Asian Venture Philanthropy Network
• Ms Maggie Lee
  Circular Economy Strategist
• Mr Hugo Leung
  Chief Executive Officer Hong Kong, BNP Paribas; CEO of BNP Paribas Securities (Asia) Limited

Profit with Purpose in Asia

Co-organised by:

Today’s social and environmental challenges call for new ways for companies to play a role in addressing them. Companies in Asia have been innovative in finding ways to achieve Profit with Purpose. This session will showcase examples which create win-win outcomes for the company and for the communities in which they operate.

Moderator

• Mr Ronnie C. Chan, GBM
  Chairman, Hang Lung Properties Limited

Speakers

• Mr Henry H.L. Fan
  Managing Director, Hong Kong Glory Limited
• Mr Richard Lancaster
  Chief Executive Officer, CLP Holdings Limited
• Dr Ruth A. Shapiro
  Founder and Chief Executive, Centre for Asian Philanthropy and Society (CAPS)

Keynote Luncheon

Sponsored by:

Financial inclusion is a common developmental theme for developing countries which house more than 90% of the world’s unbanked population. There is strong evidence that financial inclusion benefits poor population by providing them access to credit and investment services and low-cost payment mechanisms and hence achieve financial self-reliance. What are some policy initiatives developing countries adopt to drive forward financial reform? What has been the impact of the initiatives and what more needs to be done in enabling an effective and efficient financial transformation? In this session, Professor Banerjee will share his perspectives on the economic policies and financial inclusion progress in developing countries, particularly in India.

Moderator

• Mr Elton Yeung
  Vice Chairman, PwC China

Speaker

• Prof Abhijit Vinayak Banerjee
  Winner of the 2019 Nobel Prize in Economics;
  Ford Foundation International Professor of Economics of Massachusetts Institute of Technology

Accelerate Your Cyber Protection for the Digital Future

Sponsored by:

Businesses are reinventing themselves through digital transformations and the application of emerging technologies. But are they opening themselves up to new risks even as they pursue new opportunities?

How do we tackle the concerns of digital trust as we move towards a digital future?

Join our workshop to hear from PwC professionals and leading speakers on:

• Digital trends and cyber challenges in the Asia Pacific region.
• Modes of cyber attacks and measures you can take to better protect your company.
• Cyber war room – LIVE hacking demonstration and incident response simulation – investigating the intricacies of the hacking mind set and how a strong cyber defence can protect you.

Speakers

• Mr Felix Kan
  Partner, Cybersecurity & Privacy, PwC Hong Kong; Co-founder, DarkLab
• Mr Ricky Woo
  Convenor, Cyber Security Specialist Group, Hong Kong Computer Society

The Impact of Technology in Financial Services: Are We All Ready?

Sponsored by:

Financial Technology, or FinTech, has revolutionised the financial services industry. A decade ago, technology solutions in finance were considered ‘good to have,’ whereas fintech has now become a daily reality. How can we define a fintech innovation strategy for a business idea? What are the best approaches to implementation within financial institutions? How does fintech impact the future of money and markets? How will regulation, competition, trends and environmental factors impact the continuous development of financial innovation?

Technology has already significantly shaped how we interact with one another. Going forward, our financial futures are ripe for technological disruption – in more ways than we can presently imagine.

Opening Introduction

• Ms Angie Lin
  Founder and CIO, Assured Asset Management

Moderator

• Mr Soul Htite
  Fintech Entrepreneur;
  Chairman and Founder, Dianrong;
  Advisor, Assured Asset Management

Speakers

• Mr Robert Cheung
  CEO, Assured Asset Management
• Mr Jonathan Larsen
  Chief Innovative Officer, Ping An Group; Chairman & CEO, Ping An Global Voyager Fund
• Dr Frederic Lau
  Chief Executive, Airstar Bank Limited
• Prof Francesca Cornelli
  Dean, Kellogg School of Management; Donald P. Jacobs Chair of Finance; Professor of Finance, Northwestern University
• Mr Nelson Chow
  Chief Fintech Officer, Fintech Facilitation Office, Hong Kong Monetary Authority

Rewriting the Investment Strategy: Climate Change and Food Security

Sponsored by:

For responsible investors, the realities of climate change and the challenges of food security have emerged as important considerations in risk management strategies as well as informing broader investment themes. A panel of experienced and knowledgeable professionals will do a deep dive into how climate change and food security considerations are driving investment strategies and investment decisions going forward.

Moderator

• Mr Alfred Romann
  Contributing Editor, China Daily Asia Pacific

Speakers

• Ms Natalie Chan
  Senior Advisor, Civic Exchange
• Dr Kevin Chen
  Senior Research Fellow, International Food Policy Research Institute
  Chair Professor of China Academy of Rural Development, Zhejiang University
• Ms Guo Xiaofei
  Director of Green and Sustainable Finance, Corporate and Investment Banking, Asia Pacific, Natixis
• Mr Vivek Pathak
  Regional Director for East Asia and the Pacific, International Finance Corporation (IFC)
• Ms Hannah Routh
  Partner, Sustainability and Climate Change Advisory Leader, Deloitte China

Coffee Break

2020 Green and Sustainable Finance Opportunities

Co-organised by:

Green and Sustainable Finance has continued to show strong growth across the globe. Total Green Bond issuance in 2019 already over US$200bn which is 50% more than the prior year. In 2019 we have seen new innovative green financial products, including green insurance, green funds, green stocks and green ETFs, as well as implementation of new regulations and guidelines appears to facilitate company transition to a low carbon economy. Looking ahead, we would like to get insight from industry leaders and policymaker where the 2020 opportunities and priorities should be in this exciting green and sustainable transformation.

Moderator

• Ms Tracy Wong Harris
  Deputy Secretary General, Hong Kong Green Finance Association

Speakers

• Mr Joseph H. L. Chan, JP
  Under Secretary for Financial Services and the Treasury, The Government of the Hong Kong Special Administrative Region of the People’s Republic of China
• Mr Jonathan Drew
  Managing Director, Sustainable Finance in Real Assets & Structured Finance Group, HSBC;
  Vice President, Hong Kong Green Finance Association
• Dr Ma Jun
  Chairman and President, Hong Kong Green Finance Association
• Mr Vivek Pathak
  Regional Director for East Asia and the Pacific, International Finance Corporation (IFC)

Innovative Partnership Driving Healthcare Delivery

Sponsored by:

Medicine continues to develop at a rapid pace. These developments, whether they improve the diagnosis or treatment of disease, will present new and innovative ways of delivering healthcare. In addition to financial protection, what else a life insurance company can do to help its customers in identifying the best treatment and supporting them in the recovery journey?

This session will feature a number of senior speakers with credentials in life insurance, health and wellness support and medical management. Together, they will address a range of topical questions, including:

• What are the barriers to accessing suitable healthcare?
• What are the best ways of engaging with customers? And how will this evolve?
• How can life and health insurance companies transform the transactional relationship with customers to a supportive and informative partnership?
• Do healthcare providers and insurers have common goals in providing effective and efficient medical treatment?

Moderator

• Ms Jane Ong
  Financial Services Lead, Greater China, Edelman Public Relations Company

Speakers

• Mr Jacky Chan
  Regional Chief Executive, AIA Group
• Ms Sigal Atzmon
  CEO, Medix Global
• Dr Terence Fung
  Deputy Head, Department of Surgery, Union Hospital
• Dr Yau Teng Yan
  Chief Medical Officer, Holmusk

The Road to Succession: How to Fully Achieve the Sustainable Development of Family Corporations?

Sponsored by:

The world economy is facing a huge change. Family businesses, those in China in particular, are coming to a point where succession needed to be mulled over. During the succession, what are the opportunities and challenges for the family businesses? How to fetch a better governance for family-owned companies? How can the succession move forward in a smooth way? What can the entrepreneurs do to build up an efficient mechanism for better succession?

Moderator

• Prof Witman Hung, JP
  Principal Liaison Officer of Hong Kong Shenzhen Qianhai Authority

Speakers

• Mr Christopher Lau
  Group Assistant Managing Director, Cargo Services Far East Limited
• Mrs Amy Lo
  Chairman, Executive Committee, Private Wealth Management Association;
  Head and Chief Executive, UBS Hong Kong Branch
• Mr Mervyn Tang
  Senior Director, Global Head of ESG Research, Sustainable Finance, Fitch Ratings
• Mr John Wong
  China Family Business and Private Client Services Leader, PwC Hong Kong

AFF Deal Flow Matchmaking Session
(co-organised with the Hong Kong Venture Capital and Private Equity Association)