CICC Empowers Asia's Next Growth Engine at the 18th Asian Financial Forum

The 18th Asian Financial Forum (AFF) in Hong Kong has once again brought together the world's leading financial and business minds to discuss the future of the global economy. Among the attendees was China International Capital Corporation (CICC), a prominent investment bank with a strong presence in Asia. CICC's participation in the AFF aligns with its strategic goals for expansion in Southeast Asia, as the region presents significant market potential and investment opportunities.

CICC's representatives, including Dr. Peng Wensheng, Chief Economist, and Dr. Wang Hanfeng, Chief Strategist, delivered keynote speeches on the outlook of macroeconomics and the A-share market in the second half of the year. They highlighted the most significant feature of the current economic recovery as "supply constraints," with the price rise not necessarily causing a rapid supply expansion due to deteriorating supply elasticity. They also discussed the divergence of global inflation, China's exports strength, and increased volatility in global capital markets.

In the A-share strategy session, Dr. Wang Hanfeng emphasized the rotation back to growth, as economies and markets hit first by the pandemic are also the first to recover and face subsequent policy exit. He noted that China may be the first to enter the "post-pandemic new normal," while major developed economies may continue to recover and gradually start to discuss policy exit. Dr. Wang also highlighted the importance of structural opportunities and growth plays, advising investors to refocus on "new economy" trends such as industrial and consumption upgrading.

CICC's vision for empowering the next growth engine in Asia is focused on fostering collaboration between Chinese and Southeast Asian financial markets, facilitating access to capital for infrastructure development, and contributing to ESG, sustainability, and green technology initiatives in the region. This strategy aligns with CICC's commitment to driving sustainable growth through strategic initiatives and leveraging its strong market presence, diverse client base, and cutting-edge technology to capitalize on emerging opportunities.



In conclusion, CICC's participation in the 18th Asian Financial Forum is a testament to its commitment to driving sustainable growth and empowering the next growth engine in Asia. By fostering collaboration, facilitating access to capital, and promoting sustainable initiatives, CICC is well-positioned to capitalize on the significant market potential and investment opportunities in the region. As the global economy continues to evolve, CICC remains steadfast in its commitment to driving sustainable growth through strategic initiatives and leveraging its strong market presence, diverse client base, and cutting-edge technology to capitalize on emerging opportunities and deliver value to its stakeholders.