China officials tout Hong Kong as conduit for mainland companies

Summit gives top Western bankers largely scripted update on Chinese economy

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Chinese officials told a finance event in Hong Kong that they would like to see mainland companies establish a bigger presence in the city. (Photo by Ken Kobayashi)

ECHO WONG, Nikkei staff writer

HONG KONG -- Top Chinese government officials attended Hong Kong's flagship banking summit on Tuesday and made it clear: They see a key role for the financial center in connecting mainland companies and the international market.

Top executives of global banks, including Goldman Sachs, Morgan Stanley and UBS, as well as private investors like Capital Group and Apollo Global Management, are among 100 guests attending the Hong Kong Monetary Authority's three-day investment summit through Wednesday.

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