Shenzhen Hosts 20th International Financial Expo, Unveiling New Paradigms in AI-Empowered Finance at Phoenix Financial Forum
SHENZHEN, CHINA – The 20th Shenzhen International Financial Expo, themed “AI ERA: SYNERGISTIC DEVELOPMENT OF MANUFACTURING AND SERVICE INDUSTRIES,” is taking place from May 27 to 29, 2026, at the Futian Convention and Exhibition Center. The event kicked off with the Phoenix Financial Forum for the Greater Bay Area Financial Summit on May 27, showcasing Shenzhen’s pivotal role in financial innovation within the Guangdong-Hong Kong-Macao Greater Bay Area.
Key Developments at the Expo
The summit, hosted by Phoenix TV and co-organized with Phoenix New Media and Phoenix Show, attracted government officials, business leaders, and financial experts. Participants engaged in discussions on the evolving global financial landscape and identified new avenues for growth.
In his opening remarks, Luo Huanghao, Vice Mayor of Shenzhen, emphasized the importance of leveraging Shenzhen’s strengths in technological innovation and industrial development. He stated that the financial sector must serve the real economy by enhancing financial capacity, ensuring financial security, and promoting the integration of finance and industry. Luo highlighted the goal of transforming Shenzhen into a globally influential industrial finance center.
Insights from Industry Leaders
Xu Wei, Chairman and CEO of Phoenix TV, remarked on the significance of the forum’s alignment with the Financial Expo. He noted that this collaboration symbolizes a shared vision and enhances Phoenix TV’s role in facilitating international communication within the Greater Bay Area. Xu asserted that the region’s vitality stems from not just geographical proximity but also the coordinated integration of technology, talent, and information.
Christopher Hui, Secretary for Financial Services and the Treasury of the HKSAR Government, pointed out that the integration of Hong Kong’s financial capabilities with Shenzhen’s technological advancements has enabled 160 Shenzhen companies, including Tencent and BYD, to list in Hong Kong. He stated that this synergy has positioned the Greater Bay Area as a dynamic fintech hub.
Zhang Weizhong, Chairman of Shanghai Pudong Development Bank, commented on the transformative impact of technology on capital value and growth trajectories. He stressed the need for China to adopt global principles of innovation collaboration while tailoring development strategies to local industries.
Expert Perspectives on Financial Innovation
During the keynote sessions, prominent figures such as Wang Suwang, Chairman of SDIC Securities Co., Ltd., and Zheng Jun, CTO of Huawei Technologies Co., Ltd., shared insights on digital finance and industrial transformation. Wang highlighted the role of securities firms in identifying long-term value in technology enterprises through asset securitization.
Zheng Jun discussed the potential applications of AI agents in finance, indicating a shift from experimental phases to practical deployment that creates real value. Jia Jiaya, a Chair Professor at The Hong Kong University of Science and Technology, predicted that AI and robotics would significantly transform manufacturing over the next decade.
Ginger Cheng, CEO of DBS Bank (China) Limited, addressed the challenges of cross-border finance, emphasizing the unique advantages foreign banks have in supporting Chinese companies’ global expansion.
Roundtable Discussions on Financial Trends
The afternoon featured roundtable discussions focused on critical themes in finance. Liu Xiaochun, Vice President of the Shanghai Advanced Institute for Financial Research, delivered a keynote on the implications of AI in finance, stressing the need for innovation to maintain the core principles of the financial sector.
Sean Randolph, Senior Director of the Bay Area Council Economic Institute, shared insights on AI adoption in global financial institutions, predicting that AI literacy will become a key factor in corporate competitiveness.
Larry Li, Founder of Amino Capital, discussed investment opportunities in traditional industries that have yet to embrace digital transformation, advocating for a shift towards platform-based business models.
Economist Hong Hao called for a rational approach to market bubbles, suggesting that financial markets often rely on bubbles to create transformative opportunities.
Conclusion of the Summit
The summit concluded with a dialogue featuring Victor Gao, Deputy Director of the Center for China and Globalization, and economist Fu Peng, who provided an analysis of emerging global economic trends and capital market dynamics.
Source: www.zawya.com
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Published on 2026-05-28 13:55:00 • By the Editorial Desk
