HONG KONG, November 16, 2023 – (ACN Newswire) – Yahoo Finance, the world’s leading financial information platform, is delighted to announce the successful return of its flagship annual investor event under the new Yahoo! Finance Invest. The conference, held on November 14, captivated a global audience, attracting an impressive audience of more than 600,000 people during the first four hours of live broadcast.
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Themed “Beyond Borders: Collaborating for Financial Excellence”, the event brought together eminent business leaders and speakers from around the world, at the forefront of investment trends and of technology. Attendees were treated to invaluable insights and updates on a wide range of topics, including the transformative potential of technology and AI, emerging startups across various sectors, advances in financial technology and the digital currency landscape. This year’s program also looked at the exciting opportunities emerging from the Greater Bay Area (GBA), with a focus on its impact on Hong Kong and its position as a leading international financial center.
Among the esteemed business leaders and distinguished speakers who graced the conference stage were Bernard Charnwut Chan, GBM, GBS, JP., Chairman of M+ Museum Ltd, Duncan Chiu, Member of the Legislative Council, Technology and Innovation Constituency, Cathy Jiang, Tax and China Business Advisory Services. PWC China Partner, Vivien Khoo, President and Co-Founder of Asia Crypto Alliance, Alvin Kwock, Co-Founder of OneDegree Group, Gary Liu, Co-Founder and CEO of Terminal 3, King Leung, Head of Financial Services and Fintech from InvestHK, Irene Lee, Board Member of the Fintech Association of Hong Kong, Michael Lee, COO of FWD Hong Kong & Macau, Patrick Lau, Deputy Executive Director of the Hong Kong Trade Development Council, Andini Makosinski, Inventor , writer and global speaker and Naomi Osaka, four-time Grand Slam tennis champion. These esteemed personalities shared their expertise and provided market updates, thereby enriching the conference experience for the attendees.
Exploring the transformative power of technology to shape the future of business
The conference served as a platform for engaging discussions on various timely and impactful topics. Attendees gained a comprehensive overview of rapid advancements in technology, including the implications of AI technology, the evolving fintech landscape, the rise of digital currency, and associated risks and opportunities emerging from the GBA region. The diverse perspectives shared at the event provided attendees with bold and valuable insights that will shape their understanding of the current and future business landscape.
Hong Kong’s advantages do not match its position as a testing ground for China
Mr. Bernard Charnwut Chan, GBM, GBS, JP., Chairman of M+ Museum Ltd, shared his views on Hong Kong’s competitiveness and said: “Hong Kong’s future is always about adding value to China, and we have been doing this for decades. Hong Kong serves as a testing ground for China, where we can afford to try new ideas, make mistakes and learn from them while limiting their impact. If these new ideas prove effective, they could be adopted by the country.
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Innovation should not be hampered by unnecessary restrictions, but it is essential to establish appropriate legislation regarding financial transactions.
Mr. Duncan Chiu, Member of the Legislative Council, Technology and Innovation Constituency, shared his thoughts on the changes that the financial sector has experienced due to the development of blockchain and fintech. He said: “Technology will never go backwards, once developed it will only get better. Although blockchain technology has been in development for less than 20 years, it has already brought about significant transformations in the technology sector. as a foundational technology, it enables the tokenization of real-world assets and provides a secure way to store data, transact, and preserve value. In terms of policy and legislation, we need to catch up with the development of technology, especially when it is linked to investment.
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Anyone can become an inventor by trying to solve problems, adopting a “what if I try” mindset, and pursuing ideas without fear of failure or loss.
Ms. Andini Makosinski, inventor, writer and global speaker, explained how she came up with innovative ideas: “I think the innovative mindset is developed by making small changes in your life, and having the attitude “ I can solve this problem.” In order to give your brain that creative space and freedom, sometimes you have to be bored. When we’re on the phone, there’s constant stimulation, but it doesn’t encourage creativity or imagination.
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The implementation of tokenization and blockchain can serve as a catalyst to make Hong Kong an international financial hub.
Mr King Leung, Head of Financial Services and Fintech at InvestHK, was asked about his advice to those looking to drive innovation in their respective fields. He replied: “From my observations in different countries and markets, I have noticed that projects with a more diverse team have a higher chance of success. This can be attributed to the blend of great ideas, problem-solving approaches and market knowledge. that arise from such diversity. It is therefore crucial for entrepreneurs to maintain an open-minded attitude and embrace change.
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Following the central government’s allocation of the ‘eight centers’ position to Hong Kong, the city is brimming with opportunities
Regarding opportunities in Hong Kong, Dr. Patrick Lau, Deputy Executive Director of the Hong Kong Trade Development Board, said: “Mainland China’s dual circulation strategy highlights Hong Kong’s strengths and brings huge opportunities for our city. Hong Kong serves as a two-way business and investment hub, where business leaders come to interact not only with local, but also mainland and international counterparts.
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The mental challenges faced by athletes were once considered weaknesses, but are now discussed and acknowledged more openly.
Four-time Grand Slam tennis champion Ms. Naomi Osaka was asked about her motivation to expand her influence beyond the tennis court and take on the role of a businesswoman. In response, she said, “I’ve always tried to come from a place of my culture, like being half Japanese and half Haitian and growing up in America. In that sense, Hana Kuma sort of sees things from my lens. Speaking about her passion for athletes’ mental health, she said: “I’m really happy that tournaments are taking steps to address it, and it’s becoming a more comfortable topic to talk about.”
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Additionally, Yahoo! Finance Invest 2023 also featured a panel discussion on fintech, bringing together notable industry experts including Michael Lee, COO of FWD Hong Kong and Macau, Alvin Kwock, Co-Founder of OneDegree Group, Irene Lee, Board Member of directors of the Fintech Association of Hong. Kong and Vivien Khoo, president and co-founder of Asia Crypto Alliance. These experts explored recent developments in the fintech sector, discussed its prospects and highlighted the transformative impact it brings to the market.
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Pete Wong, Managing Director of Yahoo Asia, concluded: “Yahoo! Finance Invest 2023 recorded over 600,000 online views worldwide in the first 4 hours of live streaming. These remarkable figures demonstrate the undeniable impact and global reach of the conference. In the financial information landscape, Yahoo is committed to continuing to provide authoritative industry insights and comprehensive market analysis into the future. Additionally, Yahoo! Finance is dedicated to regularly organizing influential programs, propelling the sector into a new era and driving overall economic growth. in the dynamic Asia-Pacific region.
For more information on Yahoo! Finance Invest and to watch the conference sessions, please visit https://hk.finance.yahoo.com/splash/yahooinvest2023 .
About Yahoo
Yahoo is a global media and technology company that connects people to their passions. We reach nearly 900 million people around the world, bringing them closer to what they love – from finance and sports to shopping, gaming and news – with trusted products, content and technology that power their day. For partners, we provide a comprehensive platform for businesses to amplify their growth and generate more meaningful connections between advertising, search and media. To learn more, please visit yahooinc.com.
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