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Writer Invest Seoul Day18-07-20 17:21 View109

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Seoul Metropolitan Government and the Financial Supervisory Service Jointly Hold ‘2018 Hong Kong Financial Investment Information Session’

 

On July 10 (Tue.), executives from key global financial corporations including UBS, Deutsche Bank, HSBC, Standard Chartered and Black Rock gathered at the Four Seasons Hotel in Hong Kong. According to a spokesperson for Seoul Metropolitan Government, the occasion was the ‘2018 Hong Kong Financial Investment Information Session’ in Hong Kong, a joint effort by the City of Seoul and the Financial Supervisory Service of Korea that aimed to provide an introduction to the financial industry in Seoul to more than 80 representatives of financial corporations in Hong Kong.

 

The event was held with the aim of introducing Seoul's improved financial environment, and expanding its networks with global financial corporations. Following the keynote speech delivered by senior vice president of the Financial Supervisory Service Gwang-yeol Yoo, Directorof the Investment Promotion Division of Seoul Metropolitan Government Dae-ho Kim discussed Seoul's financial center and financial market, including the situation of the capital market, Fin Tech, and more.

 

Next, the representative of Natixis in charge of bonds in the Asia & Pacific Region and the representative of Frost & Sullivan for the Asia & Pacific Region gave presentations on the advantages of the Korean market, analyzed from the viewpoint of foreign companies.

 


Just before the meeting, Seoul Metropolitan City signed an MOU with Frost & Sullivana professional consulting company working in 80 countries, on cooperation for overseas advancement and investment attraction by Fin-tech companies located in Seoul. Seoul Metropolitan City expects that the MOU will help Fin-tech companies in Korea to find partners and investors in their efforts to explore overseas markets and attract investment.

 

Dae-ho Kim, Director of the Investment Promotion Division of Seoul Metropolitan Government, said, “The executives of global financial corporations working in Hong Kong, where most of their Asia-Pacific headquarters are located, are greatly interested in the changes taking place in the financial industry in Seoul. We will make an effort to show global financial institutions the investment attraction of Seoul, and bring them to the financial market here.”  

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