Biography

Ms Helen Wong is Group General Manager of HSBC Group and Chief Executive for Greater China. She is also Chairman of HSBC Global Asset Management (HK) Limited and HSBC Bank (Taiwan) Limited, Deputy Chairman of HSBC Bank (China) Company Limited, Director on the Board of HSBC Bank Canada, and a Supervisor of HSBC Jintrust Fund Management Company Limited.

Ms Wong has 30 years of banking experience in Asia-Pacific. Joining HSBC in 1992, she served in a number of senior management roles in Global Banking and Markets spearheading new businesses that supported the expansion of HSBC's capital markets franchise in Asia. She led the expansion of the Group's mainland China business, establishing HSBC as the largest foreign bank in China. She has played a key role in securing HSBC's leading position in RMB internationalisation.

Ms Wong is non-executive director of the Bank of Communications Co., Ltd., also chairperson of Hong Kong Trade Development Council's Financial Services Advisory Committee and Asian Financial Forum Steering Committee.

Speech Title and Synopsis
How Hong Kong can fend off competition and remain China's "app" to the world

Long before "app" became word of the year for 2010, Hong Kong has functioned as one that connects China and the rest of the world. Be it for goods or capital, Hong Kong was - and remains - China's primary gateway. The city's pre-eminence as an international financial centre, as well as the premier offshore renminbi hub, is underpinned by its deep and extensive connections with mainland China. Like any good app, Hong Kong faces competition and imitation. And like any good app, Hong Kong must constantly update and innovate. Over the past decade the city has benefited from serving the financial needs of China, all the while reinforcing its reputation as a world-leading financial centre. To remain ahead of the pack, Hong Kong must continue to capture the opportunities arising from developments such as China's transformation into a services-driven and consumption-led economy, as well as its evolution into a net exporter of capital.

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