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Bank of China Discusses Hong Kong's Financial Role

Geopolitics

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Bank of China Discusses Hong Kong's Financial Role

At the 2026 Global Financial Leaders’ Investment Summit, Bank of China president Zhang Hui discussed Hong Kong's role as a 'superconnector' for global investors. He noted that Hong Kong is crucial for Chinese companies expanding overseas, handling over 75 percent of offshore yuan transactions and making yuan-denominated assets attractive amid market volatility.

HSBC CEO Georges Elhedery highlighted the 'Asia buys Asia' trend in trade and investment, with ASEAN now being China's largest trading partner.