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HSBC HOLDINGS' Georges Elhedery: Financial Institutions Must Keep Pace with CN Firms' Overseas Expansion
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Georges Elhedery, CEO of HSBC HOLDINGS (00005.HK), said at the China Development Forum 2026 Annual Meeting that the overseas expansion of Chinese enterprises keeps accelerating, with a strong growth momentum in outward direct investment (ODI), highlighting mainland China's increasing influence as a major global investor, according to chinanews.com.

Financial institutions need to keep pace with the overseas expansion of Chinese enterprises, accelerate the construction of a global collaborative network, and provide customized 'integrated' innovative financial solutions to meet the needs of enterprises at different stages of their internationalization process.

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