Belt-Road Sharing Session Held

The Commerce & Economic Development Bureau and the State-owned Assets Supervision & Administration Commission of the State Council jointly held the Belt & Road: Hong Kong - IN Sharing Session on Risk Management today.

 

About 220 participants discussed the risks associated with investing in and operating Belt & Road projects as well as the role of Hong Kong's financing and professional services platforms in managing such risks.

 

Opening the event, Secretary for Commerce & Economic Development Edward Yau said Hong Kong enjoys a multitude of advantages, especially in the professional services sectors.

 

Mr Yau said Hong Kong has a rich pool of internationally recognised talents with abundant experience in project financing and fundraising, legal services, dispute resolution, accounting, insurance, business consultancy, risk assessment and management, construction, architecture, transport and more.

 

These professionals stand ready to offer world-class risk assessment, consultancy and management services to enterprises in mitigating risks associated in Belt & Road development, he added.

 

Representatives from 10 state-owned enterprises, local enterprises and professionals, including those in insurance, account and consulting services, surveying, valuation and relevant consulting services had in-depth exchanges at the session.

 

A business matching session was also held.

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more