July 28, 2026

Copperstone Lending Sees New Opportunities for Philippine Financial Institutions as 19th Asian Financial Forum Opened in Hong Kong

3 min read
Asian Financial Forum Opens in Hong Kong, Signals New Opportunities for Philippine Financial Institutions

Asian Financial Forum Opens in Hong Kong, Signals New Opportunities for Philippine Financial Institutions

Copperstone Lending Sees New Opportunities for Philippine Financial Institutions as 19th Asian Financial Forum Opened in Hong Kong

HONG KONG — The 19th Asian Financial Forum (AFF) formally opened in Hong Kong this week, convening global policymakers, regulators, and business leaders to examine how financial systems can adapt to a rapidly evolving global economy and unlock new avenues for cross-border cooperation.

Held under the theme “Co-creating New Horizons amid an Evolving Landscape,” this year’s forum places renewed emphasis on linking finance with the real economy, particularly as high-growth sectors such as artificial intelligence, robotics, and healthcare reshape capital flows and investment priorities across Asia.

A key addition to the 2025 edition is the inaugural Global Business Summit, designed to explore how emerging industries can drive sustainable growth while reinforcing regional financial integration.

Strengthening Asia’s Financial Connectivity

Frederick Ma, chairman of the Hong Kong Trade Development Council (HKTDC), said the expanded format reflects a strategic shift in the forum’s focus.

The introduction of the Global Business Summit, Ma noted, aims to “strengthen the connection between finance and the real economy”, positioning innovation and long-term value creation at the center of regional financial dialogue.

Hong Kong Chief Executive John Lee, speaking at the opening session, highlighted the city’s enduring role as an international financial hub under the “one country, two systems” framework, citing its appeal to multinational and mainland Chinese enterprises alike.

According to Lee, the number of foreign- and mainland China–affiliated companies operating in Hong Kong reached 11,070 in 2025, an 11 percent year-on-year increase and a record high for the city.

To reinforce Hong Kong’s financial leadership, Lee said authorities are prioritizing the deepening of equity and bond markets, expanding asset and wealth management capabilities, and developing a comprehensive commodities ecosystem — including a new international gold trading market.

Philippine Financial Sector Engages Regional Dialogue

Among the participants was Copperstone Lending Inc., a Philippine-based financial institution, represented by its Chief Executive Officer, David Balamon, who attended the forum.

asian financial forum
Copperstone Lending Inc. CEO, David Balamon, interacting with some delegates

For Philippine financial institutions, the forum underscored the growing importance of regional platforms in shaping capital access, policy alignment, and institutional resilience.

“Forums like the Asian Financial Forum are critical for Philippine financial institutions that want to stay aligned with where capital, regulation, and innovation are heading in Asia,” Balamon said. “What we see here is a strong push toward integration — not just of markets, but of ideas and standards that directly affect how institutions like ours operate at home.”

Balamon added that the discussions around technology-driven finance and real-economy alignment are particularly relevant for lenders serving emerging and middle-market segments in the Philippines.

“For the Philippines, access to regional insights on AI, fintech infrastructure, and cross-border financing helps institutions better serve local businesses while remaining globally competitive,” he said.

Gold Market Cooperation and Regional Implications

A notable development during the forum was the signing of a cooperation agreement between Hong Kong’s Financial Services and the Treasury Bureau and the Shanghai Gold Exchange, marking a new phase of collaboration between the two markets.

Under the agreement, both sides will work toward establishing a governance framework for Hong Kong’s new gold central clearing system, while enhancing infrastructure coordination and market connectivity.

Observers say such initiatives could have downstream implications for Asian financial centers and emerging markets, including the Philippines, as regional capital markets become increasingly interconnected.

“As Asia strengthens its financial plumbing — from commodities to capital markets — Philippine institutions must be part of these conversations,” Balamon said. “Engagement at this level ensures we’re not just reacting to change, but helping shape it.”

Copperstone Lending CEO David Balamon with the officers and staff of the KN Group in Hong Kong

A Forum with Regional Reach

Co-organized by the Hong Kong Special Administrative Region government and the HKTDC, the two-day Asian Financial Forum features more than 40 sessions covering the global economic outlook, wealth and asset management, supply chain finance, and commodities trading.

Organizers drew over 3,600 financial and business leaders from around the world, reinforcing its role as a bellwether for Asia’s financial direction.

For Philippine financial players such as Copperstone Lending Inc., participation in the forum reflects a broader shift toward regional engagement — one that recognizes Asia’s growing influence in defining the future of finance amid global uncertainty.

via Industry Daily Observer