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HomeBanking & FinanceExclusive: Financial heavyweights to attend CIC’s meeting in Hong Kong

Exclusive: Financial heavyweights to attend CIC’s meeting in Hong Kong

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ExclusiveZhou Xiaochuan to headline the financial heavyweights at the Chinese sovereign wealth fund’s global advisory council meeting in Hong Kong on September 19

Over 600 participants are expected to join the forum, which will be held at the Ritz Carlton hotel in West KowloonThe two-day closed door forum is themed the “promotion of global industrial cooperation and sustainable development through cross-border investment”Banking & financeMia CastagnonePublished: 1:40pm, 18 Aug, 2023Why you can trust SCMP

China Investment Corp (CIC), the nation’s US$1.35 trillion wealth fund, plans to assemble its global advisers in Hong Kong in September for their first meeting outside the mainland since the council was established 14 years ago.

The meeting is slated for September 19 to 20, with the later date being an investment forum with the key political figures. It will be front lined by Zhou Xiaochuan, the former governor of the People’s Bank of China, who headed the central bank for 16 years until March 2018, according to a programme obtained by the Post.

Over 600 participants are expected to join the forum, which will be held at the Ritz Carlton hotel in West Kowloon. A gala dinner will be held on the 18th to welcome the delegates.

Zhou will speak on a panel in the morning of September 19 about finding “stability and certainty” in a divided world, alongside three of his fellow International Advisory Council (IAC) members: former German Chancellor Gerhard Schroder, former Pakistani Prime Minister Shaukat Aziz and Goldman Sachs’ ex-president John Thornton, according to the programme.

The theme of the two-day closed door forum is the “promotion of global industrial cooperation and sustainable development through cross-border investment,” with four-sub forums also taking places on real assets, healthcare, consumers and industrial, agriculture and foods, according to the programme.

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