Read The Times Australia

Daily Bulletin

Exploring New Paradigms for AI-Empowered Finance, "Phoenix Financial Forum for the Greater Bay Area Financial Summit" Held in Shenzhen

SHENZHEN, CHINA - Media OutReach Newswire - 28 May 2026 - The 20th Shenzhen International Financial Expo, themed "AI ERA: SYNERGISTIC DEVELOPMENT OF MANUFACTURING AND SERVICE INDUSTRIES," is being held from May 27 to 29, 2026, at the Futian Convention and Exhibition Center in Shenzhen.

During the expo, the Phoenix Financial Forum for the Greater Bay Area Financial Summit was successfully convened on May 27.

Hosted by Phoenix TV and co-organized by Phoenix New Media and Phoenix Show, the summit was rooted in Shenzhen's role as a core hub of the Guangdong-Hong Kong-Macao Greater Bay Area and a center of financial innovation. Government officials, business leaders, and financial experts gathered to assess evolving global dynamics and explore new opportunities for development.

Group Photo of Distinguished Guests
Group Photo of Distinguished Guests

At the opening ceremony, keynote speeches and panel discussions focused on hot topics including the deep integration of finance with technology, industry, and cross-border collaboration.

Luo Huanghao, Member of the Party Leadership Group and Vice Mayor of the Shenzhen Municipal Government, stated in his opening remarks that Shenzhen's financial sector should capitalize on its strengths in technological innovation, industrial development, and Shenzhen-Hong Kong connectivity, while adhering to the development logic of deep integration between industry and finance. He emphasized that finance must fundamentally serve the real economy by strengthening industrial foundations, enhancing financial capacity, expanding opening-up, safeguarding financial security, and promoting the mutual advancement of finance and the real economy, thereby accelerating the development of Shenzhen into a globally influential industrial finance center.

Xu Wei, Chairman and CEO of Phoenix TV, noted in his speech that holding the forum alongside the Financial Expo represented not only platform innovation but also a resonance of values, demonstrating Phoenix TV's comprehensive upgrade in serving the Greater Bay Area's international communication capabilities. "The collaboration between the forum and the Financial Expo vividly reflects the Greater Bay Area's momentum toward integrated cooperation," Xu said. "It also shows that the vitality of the Greater Bay Area lies not only in geographic proximity and industrial connectivity, but also in the mutual empowerment and coordinated integration of technology, talent, information, and rules."

Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR Government, pointed out in his speech that the deep integration of Hong Kong's international financial capabilities with Shenzhen's technological innovation has already enabled 160 Shenzhen enterprises, including Tencent and BYD, to list in Hong Kong. "This deep integration of 'finance + technology' has not only promoted the high-quality development of the financial industries in Hong Kong and Shenzhen, but also helped the Guangdong-Hong Kong-Macao Greater Bay Area become one of the world's most dynamic fintech hubs," he said.

Zhang Weizhong, Chairman of Shanghai Pudong Development Bank, remarked that technology is redefining the value logic of capital, while capital is reshaping the growth path of technology. He stressed that financial innovation is playing an increasingly important role and that China must absorb the core principles of global "innovation collaboration" while building a development system suited to local industries and national conditions.

During the keynote speech session, Wang Suwang, Chairman of SDIC Securities Co., Ltd.; Zheng Jun, CTO of Financial Account Dept, Huawei Technologies Co., Ltd.; Jia Jiaya, Chair Professor and Director of Von Neumann Institute, The Hong Kong University of Science and Technology, Founder and Chairman, SmartMore Corporation Limited; and Ginger Cheng, Chief Executive Officer, DBS Bank (China) Limited, shared forward-looking insights and practical experiences on topics such as digital finance development, industrial digital transformation, intelligent technology deployment, and innovation in foreign-funded financial services.

Wang Suwang stated that securities firms should serve as important discoverers of value growth by evaluating technology enterprises from a full life-cycle perspective and recognizing their long-term value through asset securitization.

Using Huawei's proprietary computing ecosystem as an example, Zheng Jun introduced the large-scale application prospects of AI agents in the financial sector. He noted that AI has moved beyond experimental innovation and entered a stage of "returning to business fundamentals," where scalable deployment and real value creation are becoming possible.

Jia Jiaya outlined a vision in which the integration of artificial intelligence and robotics will drive the transformation and upgrading of manufacturing industries. He predicted that industrial intelligent agents would bring dramatic changes to the industrial sector over the next five to ten years.

Ginger Cheng emphasized that cross-border finance has become an unavoidable challenge for enterprises pursuing globalization, adding that foreign banks possess unique network advantages in supporting Chinese companies' overseas expansion.

The afternoon roundtable discussions centered on three core themes in finance, bringing together leading experts for in-depth dialogue and exchanges of ideas.

As artificial intelligence continues to reshape the boundaries of financial services and value creation, the roundtable titled "AI Empowering Technology Finance — New Scenarios, New Paradigms" featured a keynote speech by Liu Xiaochun, Vice President, Shanghai Advanced Institute for Financial Research. He analyzed the compliance boundaries and transformation pathways for AI implementation in finance, stressing that financial innovation must always preserve the essential nature of finance rather than focusing solely on technology.

During the "Industrial Chain Finance: Breaking Boundaries Through Innovation and Capital Empowerment" roundtable, Sean Randolph, Senior Director of the Bay Area Council Economic Institute in San Francisco, shared mature experiences from internationally advanced bay areas via video speech. He observed that AI is rapidly being adopted across global financial institutions and predicted that AI literacy and capabilities will become fundamental factors influencing recruitment, employment, and corporate competitiveness in the future.

As a pioneer in cross-border financial innovation, the Guangdong-Hong Kong-Macao Greater Bay Area continues to achieve breakthroughs in areas such as cross-border payments, wealth management, investment and financing connectivity, and offshore finance.

At the "Cross-Border Finance: From the Greater Bay Area to the World" roundtable, Larry Li, Founder and Managing Partner of Amino Capital, shared his views on investment logic and entrepreneurial opportunities in the AI era. He argued that entrepreneurs can seize opportunities in traditional industries that have yet to adopt digital technologies and transform them into platform-based businesses.

Renowned economist Hong Hao called for a rational perspective on market bubbles. He remarked that financial markets have always relied on bubbles to create life-changing opportunities, and that social progress itself is often driven by humanity's aspirations and imagination.

At the conclusion of the summit, Victor Gao, Deputy Director of the Center for China and Globalization (CCG)‌, and noted economist Fu Peng delivered a closing dialogue, offering in-depth analysis of new global economic trends and key issues in capital markets.


Hashtag: #PhoenixTV

The issuer is solely responsible for the content of this announcement.

Business News

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Critical Structural Checks to Prioritise Before Renovating an Older Property

The Australian home renovation market is experiencing unprecedented growth. The total value of thi...

Why Regular Gutter Cleaning Northern Beaches Is Important

Living in the Northern Beaches offers beautiful coastal scenery, fresh air, and leafy surroundings...

Double Glazed Sliding Doors vs Standard Sliding Doors: Key Differences

Sliding doors are a popular choice in modern homes due to their space-saving design and ability to...

How to Plan a Bathroom Renovation Timeline (Without Surprises)

A bathroom renovation rarely feels “small” once work begins. Even modest updates involve multiple ...

What “Extraction Facial” Actually Means (And When It Helps)

“Extraction facial” is one of those skincare terms people use as if it’s one standard treatment, b...

How Compounded Medicines Support Individual Health Needs

Not every patient responds to medicine in the same way. Age, allergies, dosage requirements and sw...

How Live Comedy Can Shape the Mood of an Event

The mood of an event is shaped by more than the venue, food, music, or schedule. Entertainment can...

Why Home Gym Mats Are Becoming a Must-Have

Building a dedicated workout space at home has become increasingly common across Australia. Many p...

Choosing an ELISA Format That Matches Your Target

A colorimetric ELISA ends with a plate that has developed color, and the instinct is to read more ...