Nation

Hana Financial Group Seeks Greater Ties with Hong Kong in Strategic Meeting

2024-11-18

Author: Ting

Hana Financial Group Chairman and CEO Ham Young-joo recently engaged in a pivotal meeting with Peter Lam, the chairman of the Hong Kong Trade Development Council (HKTDC) and Lai Sun Group, during his visit to Hong Kong. This significant gathering took place on November 13 and aimed to explore new avenues for enhancing economic and financial collaboration between South Korea and the vibrant Hong Kong market.

Joining Ham in this important dialogue was Lee Bok-hyun, the Governor of the Financial Supervisory Service, highlighting the connection between financial oversight and international collaboration. Their visit coincided with a broader investor relations event focused on attracting global investors to South Korea's capital market, showcasing the strategic push for enhanced foreign investment.

The HKTDC, founded in 1996, plays a crucial role in promoting Hong Kong’s trade dynamics and operates approximately 50 branches worldwide. The Lai Sun Group, a prominent property development and investment enterprise, illustrates Hong Kong's diverse economic fabric.

During the discussions, Ham presented Hana Financial Group’s ambitious global business strategies, which span 221 operations across 26 countries. He emphasized the group's longstanding commitment to deepening its presence in Hong Kong—a relationship initiated in 1997 when Hana Bank became Korea’s first financial institution to establish a foothold in the region.

Peter Lam expressed optimism for expanding business cooperation, particularly in critical areas such as environmental, social, and governance (ESG) initiatives, fintech advancements, and artificial intelligence technologies. As businesses around the world pivot towards sustainable practices and innovative technologies, this focus underscores a significant trend that could reshape the financial landscape.

"Hana Financial Group is steadfast in our commitment to foster mutual growth alongside Hong Kong's business community," Ham stated, indicating a strategic vision that embraces collaboration and innovation.

This meeting marks a step forward in strengthening ties between South Korea and Hong Kong, potentially unlocking a wealth of opportunities for both markets. As economic landscapes evolve, the collaboration between these two distinct regions could pave the way for future successes—watch this space!