United States, 17th Dec 2023, King NewsWire – From December 7th to December 8th, Odyssey Capital was invited to attend the FII PRIORITY Asia Summit, organized by the Future Investment Initiative (FII) Institute of Saudi Arabia in collaboration with the Hong Kong Special Administrative Region government and the Hong Kong Exchanges and Clearing Limited (HKEX). The summit aimed to explore future global investment opportunities.

Over a thousand global investors, policymakers, innovators, and business leaders, along with peers from across Asia, gathered to discuss global challenges at an international summit with the theme of “Investment as a Force for Good.”

 

 

The FII Hong Kong Investor Summit, held at the HKEX Financial Conference Hall, concluded successfully. Richard Attias, the CEO of FII, stated during a press conference that the choice of Hong Kong as the summit location was due to its central position in Asia, vibrant atmosphere, and its role as a gateway to Asia. Some of the summit’s key themes were proposed by the Financial Secretary of Hong Kong, Paul Chan Mo-po, and the CEO of HKEX, Nicolas Aguzin. Discussions covered topics such as artificial intelligence, finance, new energy, and supply chain restructuring, assisting participants in understanding where to allocate funds geographically or within industries.

Experts from various fields engaged in extensive and in-depth discussions on the diverse topics and themes presented at the summit. Laurence Moroney, the Advocacy Lead for Google AI, expressed concerns about the development of artificial intelligence, particularly highlighting the risks of bias due to reliance on limited English-language datasets.

Prince Faisal bin Bandar bin Sultan, Chairman of the Saudi Arabian Esports Federation, shared insights into the remarkable 12% annual growth of the esports industry over the past 20 years. It is anticipated that by the end of 2023, there will be 3.75 billion esports players globally.

In a specialized discussion focusing on how Asia can develop a vibrant and successful ecosystem for new startups, Odyssey Capital CFO Killy Aeron spoke about emerging investment opportunities in the Asian special assets industry. The narrative centered around “relief restructuring” and “collaborative innovation,” providing a brief overview of the development of the special assets industry and the company’s strategic positioning in the non-performing assets sector.

 

 

Starting in the second half of 2021, the global economy faced increasing downward pressure, leading to a boom in the special assets industry. With an increase in supply sources, non-banking financial institutions began to deepen their involvement, resulting in the further professionalization and stratification of the special assets market. Odyssey Capital focused on the prospects and digital transformation opportunities in the Asia-Pacific special assets market. Non-performing assets, as a core component of special assets, became a focal point of the company’s strategic layout for the next three to five years.

Killy analyzed successful cases and diverse handling solutions, emphasizing the construction of an application that would create a collaborative platform through pattern innovation and the integration of specialized teams. This platform aims to achieve effective resource integration, enhance the efficiency and scale of special asset disposal.

Beyond the main theme, the summit included several subtopics, such as how innovators can take action globally to address civic concerns, the role of the Southern Hemisphere in driving economic growth, the “New Asia,” the “Super Tech Century,” artificial intelligence, and Web4 improving lives, the next steps for BRICS nations, people-centric macrofinance, Asian supply chains, COP28, and climate technology.

Solina Chau, Co-founder of Horizons Ventures, discussed the importance of curiosity and counterfactual thinking to avoid biases and misguided policies in a constantly changing world. She also highlighted the low representation of women in the finance sector and the ongoing need to strive for gender equality and mutual support.

In the final session, former Prime Minister of Norway and Chairman of the Oslo Center for Peace and Human Rights, Kjell Magne Bondevik, expressed his belief that businesses giving more importance to the concerns of ordinary people will thrive in the future.

The summit addressed the most critical global issues for the 8 billion people on this planet, focusing investors’ attention on the most promising areas of future development. As Odyssey Capital CFO Killy Aeron put it: “The world is no longer what it used to be, and life will not be the same. We should share opportunities in a better and fairer way, creating a new life.”

 

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Organization: Odyssey

Contact Person: keekoksen

Website: https://www.odyssey-holdings.com

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Country: United States

Release Id: 1712238377

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