On 21st January, during the period of the World Economic Forum Annual Meeting in Davos, Wen Guohui, Deputy Secretary of Guangzhou Municipal Committee and Mayor of Guangzhou city, led a delegation from Guangzhou to visit AMTD House. He had bilateral meetings with Calvin Choi, Chairman and CEO of AMTD Group, and David Chiu, Chairman of Far East Consortrium International Ltd., Deputy Director of the Social and Legal Affairs Committee of the CPPCC, and Vice President of the All-China Federation of Industry and Commerce, on promoting the deep integration of Guangdong-Hong Kong-Macao Greater Bay Area and the investment and development in South China with Guangzhou as the headquarters. The delegation of Guangzhou also included Liu Baochun, Director of Foreign Affairs Office of Guangzhou Municipal Government, Liu Chenhui, Director of the Guangzhou Bureau of Commerce, Chen Rongqiu, Director of Research Office of Guangzhou Municipal Government, Zhang Zhaoxing, Chairman of Yuexiu Group, Zeng Qinghong, Chairman of Guangzhou Automobile Group and Li Chuyuan, Chairman of Guangzhou Pharmaceutical Holdings Ltd.
Calvin Choi, Chairman and CEO of AMTD Group, extended a warm welcome to Mayor Wen and the delegation from Guangzhou and expressed his sincere thanks to Mayor Wen, the Municipal Party Committee and Government of Guangzhou for their great support and help to AMTD Group. Calvin Choi said, AMTD and Guangzhou are old friends and good partners. As a comprehensive financial institutions rooted in Hong Kong, based on the Great Bay Area, backed by the motherland with global perspective, as well as Asia’s largest independent investment bank and the only Hong Kong financial institution among global strategic partners of World Economy Forum, the development of AMTD benefits from the great motherland and the innovative construction of the GBA. After nearly 20 years of development, transformation and upgrade, AMTD has gradually developed into Hong Kong’s leading full-license, full-chain financial group, and has been moving towards diversified development and conglomerate, including commercial banking, investment banking, asset management, risk solutions, strategic investment, real estate, education and etc. Last August, AMTD International (NYSE: HKIB), the investment sector of AMTD group, was successfully listed on the New York Stock Exchange with market capitalization of more than US$2 bn. it is the first Hong Kong financial institution listed in the US, one of the top 5 independent investment banks listed in the US in term of market value, as well as the largest private independent investment bank in Asia.
Calvin Choi further said, as part of the GBA, AMTD has actively involved into the development and construction of the area and provided deep service for excellent enterprises based in the area. AMTD hopes to explore more development opportunities of the GBA in the future, deeply participate in and implement the Outline of the Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, contributing to the development and construction of the area. Relying on economic influence in the GBA and Asean, AMTD Group has been committed to playing the role of “super contact”, promoting in-depth exchanges and integration of enterprises, talents and economic and trade in the GBA, and strengthening the connection and integration between Hong Kong, the GBA, and even Asean with the rest of the world. At the same time, AMTD Group focus on talent training, and takes the lead in establishing the Guangdong-Hong Kong-Macao Great Bay Area Youth Society to provide young entrepreneurs in the GBA with platforms and development opportunities for global exchanges, business cooperation and interactive innovation, such as the World Economic Forum.
Mayor Wen fully affirmed the remarkable achievements made by AMTD Group in recent years and the vibrant and rapid growth of the group. He expressed his support and affirmation for AMTD Group to further expand its business and investment in Guangzhou. Mayor Wen recalled the “Greater Bay Night” during the World Economic Forum Annual Meeting in Davos last year and looked forward to the future of the Guangdong-Hong Kong-Macao Greater Bay Area. In just one year, with the publication of the Outline of the Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, the construction of the GBA has been developing rapidly, and enterprises, residents and economy of the GBA have been deeply integrated. This year, we meet again at Davos and the Guangdong-Hong Kong-Macao GBA, with its dynamism and potential, has captured the world’s attention. Mayor Wen Guohui praised the efforts made by AMTD Group in talent training, entrepreneurship and innovation, and support for young entrepreneurs in the GBA, and expected AMTD Group to play a leading role in the demonstration, seize the time opportunities of the construction in the Guangdong-Hong Kong-Macao GBA, continuously expand the investment in Guangzhou and even the GBA, and lead and support more innovation and enterprises from Hong Kong to settle in Guangzhou, and he promised the cooperation and support from relevant departments to the largest degree. Guangzhou will further implement the spirit from series of important speech made by President Xi Jinping and the important national strategy on the GBA. Centering on the direction of the GBA, the demand of Hong Kong and Macao and the ability of Guangzhou, Guangzhou will enhance the practical and innovative cooperation with cities and enterprises in the GBA, especially outstanding Hong Kong enterprises like AMTD Group, optimize and promote the support to Guangzhou enterprises in terms of the structure of people flow, logistics, capital flow and information flow, build a world class city cluster with vitality and international competitiveness, and build a model of high-quality development.
AMTD Group has established profound cooperation and exchanges with Guangzhou city, expanding investment and business layout. During the period of the 2020 World Economic Forum Annual Meeting in Davos, 「Smart Asia: Connecting the Greater Bay Area with ASEAN」 and 「Greater Bay Entrepreneurship Day」 hosted by AMTD Group were successfully held. Mrs Carrie Lam, the Chief Executive of Hong Kong SAR, and Mr Wen Guohui, Deputy Secretary of Guangzhou Municipal Committee and Mayor of Guangzhou city, led delegations from Hong Kong and Guangdong respectively to officiate the ceremony. Mr. S. Iswaran, Minister for Communications and Information and Minister for Trade and Industry of Singapore, also had a visit to AMTD. This is the first time in the 50 years since the World Economic Forum Annual Meeting is held in Davos that the theme “Connecting the Guangdong-Hong Kong-Macao Greater Bay Area and ASEAN” has been adopted. It marks that the development of the Guangdong-Hong Kong-Macao Greater Bay Area has entered into a new stage and reached a new level, showing the world the development opportunities and brilliant achievements of China’s Guangdong-Hong Kong-Macao Greater Bay Area. In addition, Ma Xingrui, Deputy Secretary of Guangdong Provincial Committee and Provincial Governor, Wen Guohui, Deputy Secretary of Guangzhou Municipal Committee and Mayor of Guangzhou city, Chen Jianhua, Chairman of the Standing Committee of Guangzhou Municipal Committee, Chen Zhiying, Member of the Standing Committee of Guangzhou Municipal Committee and Executive Vice Mayor, Tu Yonghong, Member of the Standing Committee of Guangzhou Municipal Committee and Minister of Propaganda Department, Cai Chaolin, Member of the Standing Committee of Guangzhou Municipal Committee and Secretary of Nansha District committee, Chen Jie, Secretary of Guangzhou Municipal Government also met with Calvin Choi, Chairman of AMTD Group and the management of AMTD Group several times, exchanging in-depth views on AMTD ‘s future strategic development, cooperation with Guangzhou, and investment layout in the GBA.
Andrew Chiu, Vice Chairman of the Board of Directors in AMTD International and Executive Director of i-Cable Communications Limited, Chirs Hoong, Executive Director of Board of Directors and Managing Director in Far East Consortrium International Ltd., Marcellus Wong, Vice Chairman of AMTD Group, Dr. Frederic Lau, Vice Chairman of AMTD Group and Chief Executive of Airstar Bank, Dr. Timothy W. Tong, President of AMTD Foundation and Director of Airstar Bank, Wayne Liu, Special Assistant to CEO of AMTD Group attended the meeting together.