rummy666| Xiao Geng, Chairman of the Hong Kong Institute of International Finance: National debt is the most important financial instrument

2024-05-18

Theme: 2024 Fund High-Quality Development Conference: Hundreds of big names gathered to discuss new investment opportunities

On May 18, the Sina Finance 2024 Fund High-Quality Development Conference grandly kicked off! Regulators, top-class economists, more than 20 public fund leaders, nearly 100 fund managers, and nearly 30 popular financial and financial celebrities gathered in Pengcheng to talk about the development of the fund industry and new opportunities for fund investment!

rummy666| Xiao Geng, Chairman of the Hong Kong Institute of International Finance: National debt is the most important financial instrument

The theme of this fund's high-quality development conference is "Helping new quality productivity to work together for high-quality development." Under the guidance of the "Nine Principles of New China", the capital market has become a key platform for corporate financing and promoting economic transformation, while new productivity is the core driving force for the economy to develop towards high-quality, efficient, fair, sustainable and safe. At this event, Dou Yuming, Wang Fan, Qi Bin, Wang Yiping and other asset management industry leaders; Liu Yuhui and other top economists; Guo Lei, Liu Chenming and other seller research leaders; Liang Xing, Wang Qunhang, Li Wenliang and other investment research celebrities came to the site, and hundreds of important guests gathered to witness the industry honors, discuss future investment trends, and ponder how to help new quality productivity!

Mr. Xiao Geng, Chairman of the Hong Kong Institute of International Finance and Professor of Practice at the Chinese University of Hong Kong (Shenzhen), attended and delivered a speech, saying that uncertainty is the most important problem that needs to be solved in finance. In the past, there was a view in the market and academia, which I think is problematic. We often want to control financial risks, but this is contrary to the original intention of finance. Finance is creating controllable risks and solving challenges faced in the real world, such as the national debt invented by the United Kingdom, which is torummy666When fighting a war and solving the question of life and death of the country, it must pool resources and exchange time for space. This is the most important financial tool-national debt. It actually creates controllable financial risks to solve some geopolitical problems.