The 17th Asian Financial Forum 2024 (AFF), organized by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), is poised to take place on January 24th and 25th, 2024, at the Hong Kong Convention and Exhibition Centre (HKCEC).
This year’s AFF, themed “Multilateral Cooperation for a Shared Tomorrow,” promises to be a pivotal event in the financial and business calendar, gathering influential figures, global policymakers, and business leaders from around the world. In this article, we delve into what you can expect from this highly anticipated event and why it matters.
The AFF 2024: A Glimpse into the Future of Finance
The AFF 2024 sets the stage for critical discussions on the global economic outlook, emphasizing collaboration in line with national and HKSAR government policies. It will explore sustainable economic development models and uncover opportunities for multilateral cooperation. With over 100 speakers and an expected attendance of more than 3,000 elite professionals from the financial and business sectors, this forum aims to foster knowledge exchange and strengthen industry ties.
Luanne Lim, Chairperson of the AFF 2024 Steering Committee and HSBC’s Chief Executive Officer, Hong Kong, highlights the significance of the event. She states, “The year 2024 is expected to be characterized by a slowdown in inflation and potential rate cuts. In these complex times, the Asian Financial Forum serves as a valuable platform for exchanging diverse perspectives and supporting multilateral cooperation.”
Prominent Speakers and Insightful Sessions
The AFF 2024 boasts a diverse program, including over 40 thematic discussions, policy dialogues, keynote luncheons, and workshops. These sessions will cover a wide range of topics, including the global economic outlook, investment prospects, green finance, financial technology, and interest-rate trends. The objective is to provide participants with valuable insights into globally relevant issues and economic trends while strengthening Hong Kong’s international connections.
Focus on ASEAN and the Middle East
The forum places particular emphasis on the economic potential of ASEAN and the Middle East regions. With their significant influence on global multilateral cooperation, these areas are expected to garner increased attention. The Plenary Sessions have been expanded to accommodate financial leaders from ASEAN, the Middle East, and other regions, facilitating discussions on future fiscal policy trends and opportunities in these areas.
Global Leaders and Nobel Laureates on Stage
Two Keynote Luncheons will feature esteemed guests, including Prof Jeffrey D Sachs, President of the UN Sustainable Development Solutions Network, and Prof Douglas W Diamond, Nobel Laureate in Economic Sciences in 2022. Prof Sachs will discuss sustainable development, while Prof Diamond will delve into the future trajectory of United States Federal Reserve interest rate moves and associated economic risks.
Dialogue with Bob Prince
A special session, “Dialogue with Bob Prince,” has been added to this year’s AFF. Mr. Bob Prince, Co-Chief Investment Officer of Bridgewater Associates, the world’s largest hedge fund, will provide valuable investment insights and perspectives on the importance of multilateral cooperation.
Stewarding China’s New Chapter and CIO Insights
Responding to dynamic market opportunities, the AFF 2024 introduces “Stewarding China’s New Chapter” and “CIO Insights.” The former explores the mainland market’s potential and collaborative prospects with other regions, emphasizing Hong Kong’s role and advantages. “CIO Insights” brings together chief investment officers from renowned international institutions to share unique perspectives on the investment landscape within the current macroeconomic environment.
AFF Deal-making and Exhibition
To facilitate meaningful cooperation, the HKTDC and Hong Kong Venture Capital and Private Equity Association (HKVCA) co-organize the AFF Deal-making. This platform enables one-on-one meetings, connecting participants with global funds and investment projects. The event focuses on key industries such as financial technology, environmental technology, medical technology, and consumer goods.
The AFF also features exhibition zones, including Fintech Showcase, Fintech HK Startup Salon, InnoVenture Salon, and Global Investment Zone. These zones highlight cutting-edge applications of financial technology and innovative concepts, attracting local and global exhibitors, financial institutions, technology companies, start-ups, and investment promotion agencies.
Exclusive Offers for AFF Participants
As part of its commitment to promoting large-scale events and exhibitions, the AFF offers exclusive experiences for overseas participants. These include privileged access to the airport lounge, free admission to the Hong Kong Palace Museum, night tours of Hong Kong, and discounts at various dining and entertainment venues.
Join the Conversation
The 17th Asian Financial Forum 2024 promises to be a gathering of minds, fostering collaboration and knowledge exchange to navigate the complexities of the global financial landscape. Stay tuned for updates and insights from this essential event that will shape the financial and business landscape in the coming year.
