Programme (2025)

While the softened global inflation pressures and commencement of interest rate cut by major central banks have given some hope to global economic outlook, our world grapples with persistent and emerging challenges: regional conflicts, formation of new governments after major elections that bring policy uncertainties, impacts of climate changes, just to name a few. In this increasingly complex landscape, what we need is an innovative mindset to unlock new avenues for growth for meeting new challenges and seizing new opportunities. In this session, senior policymakers will share insights on how we could navigate this volatile environment by finding and powering new growth engines.

The past year was filled with uncertainties stemming from inflation, monetary policy shifts, and elections around the world. As these issues move behind us, driving economic growth is becoming a top priority for both incoming and incumbent policymakers. The outlook is further complicated by geopolitical dynamics, shifting demographics, escalating debt, and the need for climate action. However, amidst these challenges lie significant opportunities. The potential benefits of technological advancements and digital transformation present a promising pathway to renewed growth and innovation. With monetary policy expected to turn more accommodative globally, policymakers may find themselves at a unique juncture to implement strategies that can revitalise our economies and power the next growth engine. Speakers in this session will discuss these opportunities and challenges, the evolving innovative landscape, and how national authorities can strategically position themselves to turbo-charge growth in their economies.

(Sponsored by: CICC)Long-term economic trends are shifting, with rising risks of a fragmenting global economy, greater protectionism, and mounting geopolitical tensions. What does this backdrop mean for the global economic and financial landscape in 2025 and beyond? What is the role of mutual understanding and multilateralism in fortifying economic resilience and fueling new growth drivers? And what challenges and opportunities lie ahead for Hong Kong, China’s most internationalised city, and how can it best position itself to take full advantage of them?In this session, Prof Justin Lin Yifu will provide an overview on the global economy’s ever-changing dynamics, as well as China’s current trajectory and its evolving role in the world.

In 2025, global economic growth is widely expected to stabilise, and while the inflation shock is over, uncertainties on the policy front are set to rise. How can the global economy and the world’s key supply chains best be insulated from the likely consequences? Are businesses sufficiently prepared for these challenges, including trade finance and potential “slowbalisation”? Beyond this, what can we expect in emerging sectors and regions to be the next driver of global growth, and how might firms and economies best take advantage of these emerging opportunities? Our distinguished panellists will share their insights on the trends and undercurrents shaping the economic outlook for 2025 and beyond.

(co-organised with Insurance Authority)An aging society presents a multifaceted challenge and contributes to a widening protection gap. At the same time, as demographic shifts reshape societal needs, the emerging Silver Economy presents significant growth opportunities for the insurance industry.In this panel, experts from insurance and academics will share insights on how the industry can capitalise on these opportunities, with a particular focus on the interconnectedness of the Greater Bay Area to create synergies and drive innovation in insurance products and services tailored to the Silver Economy. The discussion will also explore the role of insurance in fostering sustainable societal growth.

The flow of venture capitals has been instrumental in catalysing waves of technological advancements from fintech to healthtech, from data analytics to the emergence of Generative AI. With a new tide of technologies set to disrupt the world in the years under the acceleration of AI, this panel will explore the evolving application of emerging technologies, and the latest investment appetite of venture capitalists. The discussion will dissect how investors view the current cash flow and burn rate of tech firms, and what entrepreneurs should take note of the year ahead in innovating their tech offerings.

China’s recent prioritisation of “new quality productive forces” represents a major evolutionary step in the country’s development strategy. Against the backdrop of a complex external environment, what are the implications of China’s drive for high-tech development? How might emerging industries catalyse economic growth? What opportunities do changing consumer patterns offer for businesses and investors? In this session, panellists will share their insights into the challenges and opportunities emerging from China’s commitment to technological innovation, while also considering the related prospects for private sector investment, and the implications for global business.

(co-organised with HKMA)In an era defined by rapid change and increasing competition, the asset and wealth management industry faces the imperative to evolve and align with the expectations of future investors.This panel will explore three key drivers for future growth: the evolution of individual investor preferences, the transformative power of technology, and product innovation.The panellists will share their experiences and insights on how their organisations adapt their strategies to not only meet the needs of today’s investors but also anticipate the demands of tomorrow.

With the launch of the IFRS Sustainability Disclosure Standards by the International Sustainability Standards Board (ISSB) as a global baseline for sustainability disclosures to support economic and investment decisions, Hong Kong has been a trailblazer, being one of the first jurisdictions to align local sustainability disclosure requirements with these Standards. This panel will explore the pathways and key parameters for companies and market participants to better understand the best practices, challenges, and opportunities for advancing sustainability initiatives globally. It will also highlight the importance of this global milestone in developing efficient and resilient capital markets in Hong Kong and across the globe.

In an interconnected global economy, abundant volume of transactions is made in seconds, fuelling various forms of cross-border transactions. What are the observations in consumption patterns across medium and regions? How do payment gateways and regulatory frameworks across geographies adapting to the ever-changing technological breakthrough and consumer patterns? Our payment tech experts will delve into the latest trends and consumer adoption, while providing insights on regional growth prospects.

We are living in an increasingly divided world, facing significant challenges such as regional conflicts, rising trade protectionism, and restrictions on cross-border investment and knowledge transfer. In this complex landscape, there is a pressing need for a new mindset on enhancing collaboration, rebuilding trust, and fostering partnerships, so that we can work together to achieve shared growth and prosperity. In this discussion, leaders of multilateral organisations will share their views on how the world could find common ground to foster cooperation.

(Sponsored by: The Hongkong and Shanghai Banking Corporation)

(co-sponsored by: Financial Services Development Council and Standard Chartered)As the global community accelerates its journey toward achieving net-zero emissions, the spotlight intensifies on the crucial role of sustainable finance. In 2023, the International Renewable Energy Agency highlighted the economic potential of this transition, projecting a US$150 trillion investment opportunity by 2050.1 This highlights the need for broader stakeholder participation and calls for a more inclusive approach to sustainable finance. Within this dynamic landscape, transition finance emerges as a critical tool for addressing financial gaps.The Financial Services Development Council (FSDC) is convening a panel of distinguished financial leaders and other industry experts to shed light on Hong Kong’s strategic role in supporting the global transition as an international financial centre. The city can capitalise on its enhanced global connectivity to foster cross-boundary/border collaborations, particularly within the Greater Bay Area and targeted overseas markets such as the Middle East, contributing to a more interconnected ecosystem for sustainable finance. While highlighting the multifaceted opportunities that transition finance presents for stakeholders across borders, the discussion will also delve into the complexities of evolving market factors, such as interoperable taxonomies, reporting standards and technological support. Our esteemed panellists will provide insights and share real-world cases on how transition finance is reshaping core businesses and driving innovation in the sector.Join us for a thought-provoking discussion that aims to inspire action and collaboration in progressing Hong Kong into a prominent hub for transition finance. Together, the city can facilitate the flow of international capital and advance technology development, contributing meaningfully to the global climate agenda.

As financial markets continue to evolve, the necessity for effective partnerships and alignment across regions becomes increasingly critical for enhancing market liquidity, attracting investment, and driving sustainable economic growth. This panel will feature industry leaders, regulators, and financial experts to share insights on regulatory harmonisation, strategies for fostering collaboration across capital markets, and actionable recommendations for strengthening regional financial ecosystems.

With AI widely tipped to raise productivity and help drive economic growth, how are the East and West reacting to this seemingly ubiquitous technology, and what are its implications for the world’s biggest manufacturer, Mainland China? How will the adaption of AI innovation impact the future of workforce while bolstering economic growth? And what are the keys consideration for investors and corporates in reaching mutual benefits? Drawing on his 30+ years of experience as an academic, Silicon Valley business leader, and venture capitalist, Dr Kai-Fu Lee will assess AI’s transformative impact, as well as its implications for the global business community.

(Sponsored by:  UBS)Generational transitions are inevitable for any family businesses. As the lifeblood of many economies, family businesses carry a rich legacy of values, cultures, and hard-earned successes. Driven by the uniqueness from family’s dynamics, goals and strong emotional ties, passing the baton to the next generation can be challenging and complex.With carefully curated family business transition strategies, ownership and/or management succession can be a positive crossroad for families to embark on the next phase of growth ventures with members united behind common visions.We will explore with our speakers on how they balance rational and emotional complexities within their family businesses as well as effectively manage their family wealth. 

In 2025, inflation is expected to fall, while interest rates are projected to decline and global economic growth remains stable. Does such a scenario represent the optimal environment for investment and asset allocation, or should investors remain wary of the potential for greater uncertainty? How can investors integrate ESG best practices into their portfolios and what are the investment trends and opportunities set to emerge in 2025 and the years to follow? From macroeconomics to investment strategy, panellists will share their views on asset allocation plans, maintaining investment convictions, and the opportunities emerging across the wider region and beyond.

(Sponsored by: Cyberport)The session showcases Hong Kong's strategic initiatives to embrace cutting-edge financial technologies and foster innovation in our financial services ecosystem.The session features two key segments:1. Building a Sustainable and Innovative Financial EcosystemHighlighting Hong Kong’s leadership in green fintech and its role as a sustainable finance hub for Asia and beyondShowcasing the HKMA’s Sustainable Finance Action Agenda, including goals for achieving net-zero emissions, catalyzing sustainable finance innovation, and enhancing climate-related transparencyExploring how financial technology supports sustainable development, from enabling green financing platforms to fostering inclusive sustainability practices2. Innovation in Action: Technology Pioneers Showcase featuring fintech leaders sharing real-world applications in:Wealth management technology transformationAdvanced credit technology solutionsGreen fintech innovations

(Sponsored by: EY)Join us for insights from global leaders on how GenAI is reshaping the Asian financial landscape. Explore what regulators expect, how organizations are delivering responsible AI, and strategies for maximizing the potential of this innovative technology while ensuring fulfillment of ethics, regulatory guidance and corporate policies.Discover real life industry applications, focusing on critical areas such as medical provision in insurance, and understand how Asian regulators are carefully setting up the necessary guardrails.

(Co-organised with Hong Kong Green Finance Association)Contributing to over 50% of global emissions, Asia alone will require US$66 trillion in climate investments over the next 30 years to achieve the goals outlined in the Paris Agreement. At COP29, the Baku Finance Goal established a new global target to channel US$1.3 trillion of climate finance to developing countries by 2035, representing a significant uplift in financial commitments. This session brings together esteemed speakers to set the stage for identifying opportunities for collaboration among Asian regions, mobilising financial resources for decarbonisation in the region, and sharing best practices in achieving climate goals.What are the implications of COP29 outcomes for Asian regions? How will these commitments translate into actionable plans and opportunities? What are the latest visions and actions being planned for green and sustainable finance by various governments and regulators in Asia? What are the latest trends in transition finance? Join our speakers in exploring innovative financing mechanisms and partnership opportunities that can drive climate initiatives forward, as well as strategies to enhance commitments and collaboration towards climate goals in Asia.

(Sponsored by: EY)Generative AI usage has expanded exponentially in just a few short years. While the technology is widely seen as having the potential to transform nearly every aspect of everyday life, calls for greater oversight and stricter regulation continue to grow. How might the GenAI revolution shape and disrupt businesses, financial markets and the global economy? Are there sufficient safeguards in place to prevent misuse, and how might its capabilities be harnessed for the benefit of all?Drawing on his many years at the forefront of academia and policy development, Prof Stuart Russell will share his views on the development, application and governance of Generative AI.

As predominantly oil and gas-producing nations, GCC member states have introduced a range of initiatives aimed at nurturing new growth areas such as manufacturing and green energy, thus opening up enormous opportunities for cooperation in financial, professional services and other areas. At the same time, it is a highly competitive market where service providers from around the world look for opportunities. The GCC Chapter comes at an opportune time to help us gain insights into specific areas where GCC member states and Hong Kong can collaborate to pursue mutual prosperity, and how we can better prepare for seizing the opportunities. This panel will bring together policymakers and business leaders to examine the current state of relations between GCC and Hong Kong, to identify strategies for fostering investment and to chart the roadmap for economic prosperity for both regions.

As the artificial intelligence landscape rapidly transforms, AI startups unlike the past years are taking innovative approaches to thrive and scale. This panel will feature founder and senior executives of AI unicorns to share actionable insights on critical areas such as market identification, scalable business models and ethical AI practices. By examining their proven pathways, panelists would share their knowledge in navigating the complexities of the AI ecosystem and position their ventures for extraordinary growth.

(Co-organised with: China Daily) This session aims to share personal experiences and insights through engaging discussions that highlight resilience and effective strategies among women leaders. By exploring the transformative power of storytelling, participants will learn how challenges can be reframed as opportunities for growth. It will create a supportive network that celebrates the diverse paths of women entrepreneurs, showcasing their unique journeys and successes.

(Co-organised with Centre for Asian Philanthropy and Society)Corporate Social Responsibility (CSR) and philanthropy are vital in creating an environment where start-ups, small businesses, and social enterprises can thrive. This session will present successful examples of how large companies can help to incubate and support SMEs and social enterprises from around Asia.Centre for Asian Philanthropy and Society (CAPS) and distinguished speakers will explore the strategies and collaborative approaches that promote sustainable growth and empower the next generation of entrepreneurs. Join us to discover how CSR and philanthropy can drive meaningful impact and foster positive change in our communities.

(Sponsored by: Bank of China (Hong Kong))Southeast Asia poises to be one of the youngest economies globally. While traditional financial institutions are tapping this region with enormous opportunities, multiple fintech startups are thriving in view of the difficulties in accessing banking services by its populations. To alleviate such difficulties, our expert panel will share the symbiotic future of fintech and traditional banking and the collaborations between them to thrive the region.

(Co-organised with: Yicai)The sustainable development of the marine economy faces significant challenges such as resource overexploitation and environmental pollution. To address these issues, innovative green technologies are crucial in driving the green transformation of marine energy, cutting emissions and enhancing efficiency in marine transportation, while maintaining a balance between the development and conservation of marine resources. What kind of investment opportunities lie in these emerging solutions?Yicai co-organizes a workshop during AFF 2025, themed "Driving Innovation in the Blue Ocean Economy: Unveiling the Infinite Potential of a Sustainable Future" will delve into these topics. Business leaders and academic experts in the marine economy will present keynote speeches and take part in roundtable discussions. The focus will be on scientific and technological innovations in marine resource development, industrial upgrades and strategies to discover drivers of innovation for a sustainable future.