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Nov 01, 2022 06:14 PM
FINANCE

Global Bankers Fly Into Hong Kong Amid Growing U.S.-China Tensions

Buildings are seen across Victoria Harbor in Hong Kong on Oct. 15. Photo: Bloomberg
Buildings are seen across Victoria Harbor in Hong Kong on Oct. 15. Photo: Bloomberg

(Bloomberg) — Some of the biggest names on Wall Street are descending on Hong Kong in their first trip since the pandemic began, defying criticism by U.S. lawmakers amid growing tensions with China.

Goldman Sachs Group Inc.’s David Solomon, Morgan Stanley’s James Gorman and Blackrock Inc.’s Rob Kapito will be among the 200 or so attendees at the Global Financial Leaders’ Investment Summit, which starts on Tuesday. Three top executives have dropped out, including Blackstone Inc.’s Jonathan Gray.

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