6 Feb 2023 Economic Outlook

Feb 6, 2023

Almost after a drastic year in 2022, I trust majority of our members would be keen to hear about the economic forecasts and predictions concerning Yr-2023.

We have invited two speakers from Citi Private Bank to share with us the 2023 economic outlook :

  • Economic outlook for 2023;

  • Equities markets in Hong Kong and China;

  • Real estate market trend in Hong Kong; and

  • 2023 investment strategies

Speakers :

Mr. Ken Peng 彭程先生, Head of Investment Strategy, Asia Pacific, Citi Private Bank

Mr. Ken Peng is the Head of Investment Strategy for the Asia Pacific region at Citi Private Bank. He is a member of the Office of the Global Chief Investment Strategist and is responsible for identifying investment opportunities and risks in Asia Pacific across asset classes, as well as representing the Global Investment Committee’s views within the region. He is based in Hong Kong. Ken has 22 years of investment and research experience starting in the United States and has returned to China since 2008. Previously, Ken was Senior China Economist at BNP Paribas. Prior to that, he worked for Citi Investment Research for 11 years. Based in Beijing and Shanghai, he covered China macro investment themes and Asia regional economics. Ken started his career in 2000 covering the US economy and markets for Citi Investment Research in New York. Ken was born in Beijing and grew up in the United States. He received a B.A. from Boston College and an M.B.A. from the New York University Stern School of Business.

Mr. Voon Lee 李文贤先生, Director, Equity & Investments, Citi Private Bank

Mr. Voon Lee is an equity consultant with Citigroup Private Bank. He is primarily responsible for equity market analysis and individual stock research. Prior to joining Citi, he worked as a Senior Account Manager in Institutional Equities at CITIC Lyon Securities for 13 years, including 3 years in Tokyo, Japan, focusing on Japanese equities and markets. Before that, he worked for Swire Beverages Limited as the Marketing Manager for non-carbonated beverages in Guangdong Province. Mr. Lee holds a double degree in Telecommunications Engineering and Economics & Finance with the University of Melbourne, Australia. He is also a Chartered Financial Analyst (CFA).