SOME of the world's most powerful sports leaders will converge on Hong Kong for the 1994 International Tennis Federation annual general meeting. Hong Kong beat nine other countries in a bid to host the meeting after a recommendation from Japan's Eiichi Kawatei, president of the Asian Tennis Federation. It is the first time the meeting, which is expected to bring together tennis leaders from 183 member countries, will be held in Asia. Kawatei said the meeting, tentatively booked for the Grand Hyatt Hotel from September 14-17, will help boost Hong Kong's growing image as a centre for tennis in Asia. High-profile representatives from the four Grand Slam competitions will attend the meeting, to be chaired by ITF president Brian Tobin. Said Kawatei: ''The ITF is one of the biggest international governing bodies and it is an honour for Hong Kong. ''A lot of key issues will be discussed at the meeting, including a new format for the Davis Cup competition and the structure of the tennis tournament at the Atlanta Olympics.'' Japan has been invited to host the 1995 meeting. The ITF will bear most of the cost, while the Hong Kong Tennis Association will pay for the social events during the time of the meeting. HKTA executive secretary Janet Hardisty said: ''We are absolutely delighted that we can host this event. There will be no qualifying competition for next year's Asian Games tennis event. Each country will be allowed a maximum of three entries for the singles competitions in the main draw. Kawatei said there will be no obligation on players to participate in specified ATF competitions to be eligible for the Asian Games in Hiroshima next year. He said: ''It is not like the Olympic Games where you have to play in certain ITF events to be eligible. ''The size of the singles draw will depend on how many entries we get, but all the players will go straight into the main draw.'' Each country can send a maximum of six men and six women. The tennis competition will run from October 2 to 16 with the first five days taken up by the team event. This competition will run along the lines of the Federation Cup with two singles and a doubles rubber in each round. Altogether, seven gold medals will be up for grabs, men's and women's team title, singles, doubles and mixed doubles.