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In Hong Kong, world bankers urged not to ‘bet against’ China

Vice Chairman of the China Securities Regulatory Commission Fang Xinghai speaks via video during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Chairman and Chief Executive Officer of Morgan Stanley James Gorman speaks during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Chairman and CEO of Morgan Stanley James Gorman, left, speaks during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Chief Financial Officer and Senior Managing Director of Blackstone Michael Chae speaks during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Chief Executive Officer of Personal Banking & Wealth Management of Citigroup Anand Selvakesari speaks during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Vice Chairman of the China Securities Regulatory Commission Fang Xinghai speaks via video during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Chief Financial Officer and Senior Managing Director of Blackstone Michael Chae, right, speaks during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Chairman and Chief Executive Officer of Goldman Sachs David Solomon speaks during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Governor of the People's Bank of China Yi Gang, right, speaks via video during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Chairman and Chief Executive Officer of Morgan Stanley James Gorman attends the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) From left; Chief Executive of the Hong Kong Monetary Authority Eddie Yue, CFO and Senior Managing Director of Blackstone Michael Chae, Chairman and CEO of Morgan Stanley James Gorman, Chairman of UBS Group AG Colm Kelleher, President of Bank of China Liu Jin, Chairman and CEO of Goldman Sachs David Solomon pose during the Global Financial Leaders' Investment Summit in Hong Kong, Wednesday, Nov. 2, 2022. Chinese regulators downplayed China's real estate slump and slowing economic growth while Hong Kong's top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. (AP Photo/Bertha Wang) Storm clouds form over the harbor in Hong Kong, Wednesday, Nov. 2, 2022. Severe tropical storm Nalgae edged closer to Hong Kong on Wednesday and forced businesses to close, but the finance summit that's meant to restore the city's image as an international financial hub pressed ahead. (AP Photo/Kanis Leung)
In Hong Kong, world bankers urged not to ‘bet against’ China