Invited by CNBC, Calvin Choi, Chairman and CEO of AMTD Group, and H.E. Mohammad Ali Al Shorafa Al Hammadi, Chairman of the Abu Dhabi Economic Development Department and Member of Abu Dhabi Committee had a fireside chat on the science and technological cooperation between the East and West in the new economic era, in order to enhance the development of science and technology and embrace the scientific and technological transformation.
Calvin Choi also pointed out that, as the most internationalized city in China, Hong Kong connects China with the world, and has strong compatibility. Therefore, AMTD has lots of opportunities in Hong Kong to serve as the super-connector, bridging global capital resources and investment opportunities. As there are more Chinese tech giants expanding their business into Hong Kong, we don’t see it as threat or challenge to AMTD’s development. On the contrary, as these super Chinese power become more global, there will be more business opportunities created for AMTD as the super-connector and more room for financial and technological cooperation.
Lastly, Mr. Choi shared his vision on the development of artificial intelligence. First, as an investor, AMTD wouldn’t want to miss the opportunity to invest，and has taken steps to prepare for the next stage of development and integration in AI, automation, and financial technologies. Furthermore, as AI or financial technologies are becoming more efficient, we shouldn’t be too worried about manpower. Ultimately, it’s really about how to deploy the different resources in a more efficient way, and how to upscale the human resources into different verticals correctly. Therefore, AMTD focuses a lot on education and skill development. In Hong Kong, AMTD Group, AMTD Foundation and the Hong Kong Polytechnic University (PolyU) jointly launched Hong Kong’s first university-industry collaborated Fintech centre “AMTD Fintech Centre of PolyU Faculty of Business”, supporting more technical talents who have international vision and innovative consciousness in the Greater Bay Area. In Southeast Asia, AMTD, Xiaomi, Singapore Management University (SMU) and the National University of Singapore (NUS) established the ‘Singapore Digital Finance Leadership Programme’ to hone the management and leadership capabilities of the digital finance leaders in Singapore and beyond. In addition, AMTD and the University of Waterloo also jointly launched the “AMTD Waterloo Global Talent Post-Doctoral Fellowship” programme and established the “University of Waterloo-AMTD Innovation Hub” in Central, Hong Kong.
HE Mohammad Ali Al Shorafa Al Hammadi, Chairman of the Abu Dhabi Economic Development Department and Member of Abu Dhabi Committee, indicated that Abu Dhabi will establish an appropriate ecosystem, be it from a legal/regulatory as well as R&D perspective, to promote technological transformation and attract technical talents. He also welcomes prominent Chinese companies, as represented by AMTD, establishing business in Abu Dhabi by excellent Chinese companies, and will seek more cooperation opportunities with AMTD in different fields in the future.