Peking, June 26, 2024 / PRNewswire / - On June 26, the second China-Southeast Asia Economic and Financial Forum hosted by China International Capital Corporation ("CICC") successfully concluded in Singapore. Hundreds of government representatives, investors, and corporate representatives from China and Southeast Asia participated in the forum.
During the opening speech, Wang Shuguang, member of CICC management committee and head of investment banking business, introduced CICC's business advantages and emphasized the opportunities brought by financial cooperation between China and Southeast Asia to the capital markets. Wang Shuguang said:" We have seen the rapidly growing private financing opportunities in Southeast Asia come from local unicorn companies and startups as well as the rising trend of Chinese enterprises in cross-border investment, especially in areas such as consumer, TMT (technology, media, and telecommunications), fintech, logistics, and electric cars. Looking ahead, CICC will further expand investment opportunities in the Southeast Asia region."
Wu Shunhui, head of CICC's Southeast Asia and South Asia region and CEO of China International Finance (Singapore) Limited, said in his speech that with the rapid development of Southeast Asian economies, a large number of opportunities are emerging. Wu Shunhui believes that by upholding the principles of cooperation, learning, and growth, countries can work together to build a more inclusive, innovative, and sustainable future.
More than 60 keynote speakers from China and Southeast Asia's policy, business, and academic fields were invited to the forum to exchange views and discuss topics including macroeconomics, global and regional policies, investment strategies, industry and financial market trends, and business dynamics. Specific topics include China's macroeconomic and market outlook, regional capital market connectivity, China's electric vehicle value chain and internationalization, energy transformation and green finance, China and Southeast Asia's consumption trends, China-Southeast Asia medical cooperation, new opportunities for global asset allocation, regional comparisons and strategic insights of family offices, sustainable REITs ecosystem building in Asia, Southeast Asian prospects and opportunities, the impact of high interest rates and financial tightening on Asia's credit markets, and the development of China's AI industry.
This forum helps enhance CICC's brand influence in Southeast Asia and supports CICC in grasping opportunities in the rapidly growing China-Southeast Asia cross-border capital market. CICC will expand its business activities in Southeast Asia, continue to strengthen exchanges with regional public sectors, enterprises, financial institutions, and research institutions, promote international capital market cooperation, and facilitate cross-border capital flows in this region.