The International Financial Leaders Investment Summit will be held in Hong Kong from the 4th to the 5th. More than 300 policy makers and financial institution executives from around the world attended the conference. Since the beginning of this year, the strong performance of Hong Kong's financial market has attracted worldwide attention. The average daily turnover of the Hong Kong stock market exceeds 32 billion US dollars, doubling from last year. The attending guests generally have a positive outlook on the development prospects of Hong Kong's financial center, believing that the vigorous vitality of the mainland and Hong Kong economies will bring more high-quality assets to global investors. Many participants believe that Hong Kong will continue to serve as a two-way bridge connecting the mainland and the global market, and its ability to attract international capital will be further enhanced. The continued deepening of connectivity and the firm support of the country for the construction of Hong Kong as an international financial center is an important topic of this forum. The goals and requirements proposed in the "15th Five Year Plan" proposal approved at the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China have created more development opportunities for Hong Kong, and have also provided a "shot in the arm" for international financial institution leaders and investors attending the conference. Vice Governor of the People's Bank of China, Lu Lei, stated in his speech at the summit that the People's Bank of China is continuously making efforts to deepen the connectivity between the Hong Kong and mainland markets, strengthen the construction of offshore RMB markets, and has achieved positive results. For example, in order to support the construction of the offshore RMB market in Hong Kong, the People's Bank of China supports the Hong Kong Monetary Authority in launching a trade financing liquidity arrangement with a total scale of RMB 100 billion based on the Standing Swap Agreement, and upgraded and expanded the use of funds in October to provide banks with a stable and low-cost source of RMB funds. Zhou Liang, Deputy Director of the State Administration of Financial Supervision and Administration, said that the Financial Supervision and Administration will continue to consolidate and enhance Hong Kong's position as an international financial center, steadily expand high-level opening up of the financial industry, continue to deepen the connectivity between the mainland and Hong Kong, strengthen cooperation in the fields of technology, green, inclusive, elderly care, and digital finance between the mainland and Hong Kong, improve the financial regulatory cooperation mechanism and policy framework between the mainland and Hong Kong, and prevent financial risks. Li Ming, Vice Chairman of the China Securities Regulatory Commission, stated that through complementary advantages and coordinated development, the capital markets of mainland China and Hong Kong can not only provide solid support for Hong Kong to consolidate and enhance its position as an international financial center, but also inject strong impetus into the high-quality development of the Chinese economy and enterprises. The CSRC will deepen practical cooperation between the mainland and Hong Kong capital markets, focus on improving the quality and efficiency of overseas listing filing, expand the scope of Shanghai Shenzhen Hong Kong Stock Connect, support the inclusion of RMB stock trading counters, REITs, etc. into the Hong Kong Stock Connect, actively support treasury bond to launch treasury bond futures, and enrich Hong Kong's offshore RMB risk management tools. In the first ten months of this year, Hong Kong completed 80 initial public offerings (IPOs), raising a total of over 26 billion US dollars, ranking first on the global IPO fundraising list. Leading companies in emerging industries such as artificial intelligence, new energy vehicles, and biomedicine have also made their debut on the Hong Kong stock market. Attendees believe that the development of these cutting-edge technology fields requires significant capital investment, and as an international financial center, Hong Kong's financing platform advantages will be favored by global enterprises. China is one of the largest and most important economies in the world, and global capital will remain interested in China in any environment. ”Goldman Sachs Chairman and CEO David Solomon said at the summit that the recent significant rebound in the mainland and Hong Kong stock markets is not only driven by the wave of artificial intelligence represented by DeepSeek, but also by the attractiveness of Chinese assets globally from a normalized long-term perspective. Ted Pick, CEO of Morgan Stanley, stated that for international investors who value the quality of listed companies, the Hong Kong market is both the starting point and the ultimate destination. This year, many mainland companies raised global funds after going public in Hong Kong, which further elevated their international ranking and reputation. The Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, mentioned in his speech at the summit that the "15th Five Year Plan" proposes to accelerate high-level technological self-reliance and expand high-level opening-up, which will help enhance Hong Kong's role as a platform for two-way trade, investment, and technological cooperation. He believes that global investors have a strong recognition of China's technological capabilities, and their investment sentiment tends to be optimistic, believing that it will continue to attract funds. The growth opportunities in Asia open up new prospects for Hong Kong. According to the latest Asia Pacific Economic Outlook report by the International Monetary Fund, Asia will continue to be the most important engine of global growth, contributing approximately 60% to global growth in the next two years. Attendees mentioned that global trade remains resilient amidst many challenges this year, and the significant increase in economic, trade, and investment exchanges between Asian economies will create more wealth and bring opportunities to Hong Kong. Emmanuel Roman, CEO of Pacific Investment Management Company, believes that international capital continues to flow to Asia, and Hong Kong is the financial and economic hub of Asia, as well as the gateway to enter the mainland market. Many financial institutions and enterprises are doing business in Hong Kong, which strengthens the connection between Hong Kong and various Asian markets and enhances the growth potential of Hong Kong's capital market. Michael Sachs, Chairman and CEO of Grosvenor Capital Management, said that Hong Kong's economy is currently thriving, with a wealth of professional talents, an international legal environment, and extensive market connections. In these areas, it is difficult for other Asian economies to compete with Hong Kong. He believes that in the future, "One Country, Two Systems" will continue to inject vitality into Hong Kong, and technological innovation will further promote Hong Kong's development. Chen Maobo stated that Hong Kong will strengthen its role as a "super contact person" and "super value-added person", and grasp the trend of seeking diversified supply chains and funding sources in various regions. He said that southern countries around the world are increasingly interested in the Hong Kong capital market and hope to finance in Hong Kong to empower infrastructure construction and economic development. The Hong Kong Stock Exchange is about to welcome the first Middle Eastern company to go public, and will continue to deepen cooperation with the capital markets in the Middle East in the future. (New Society)