Hong Kong Monetary Authority (HKMA) is holding the Global Financial Leaders’ Investment Summit on Nov. 2, and the HKMA announced some 200 global corporate executives have confirmed to attend the summit. Twenty Hong Kong overseas’ organizations sent a letter to U.S. President Biden, U.S. Secretary of State Blinken, and other U.S. politicians, criticizing executives from U.S. financial institutions who disregard U.S. sanctions on Hong Kong.
The U.S. sanctions on Hong Kong are limited to monetary transactions and cannot restrict Americans’ presence at any event.