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Peter Wong
Peter Wong is chairman of The Hongkong and Shanghai Banking Corporation Limited, and The Hongkong Bank Foundation.
Peter Wong is chairman of The Hongkong and Shanghai Banking Corporation Limited, and The Hongkong Bank Foundation.
Scramble to keep up with emerging tech must not be at the price of the soft skills vital to the city’s connector role.
Universities, the government and businesses must deepen their commitment to creating a sustainable ecosystem for developing talent and encouraging entrepreneurship.
As the fifth wave recedes, both government and corporate sector must continue to help individuals and struggling businesses, but also prepare for the recovery. Hong Kong also needs to shift from survival to investing in future growth, while still being prepared for the sixth wave.
As more Greater Bay Area companies look to offshore production, Asean can boost its workforce training and infrastructure to make the region more attractive.
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Far from cannibalising traditional banks, the fintech boom has brought to industry innovative ideas and technology. The next fintech wave should see greater collaboration between big banks and niche fintech players, to the benefit of all.
Hong Kong will complement Guangdong under the bay area plan, with the city’s strong banking and financial sectors thriving alongside the province’s hi-tech manufacturing and growing services sector.
