The 4th Guangdong-Hong Kong-Macao Greater Bay Area Financial Forum 2025, jointly organized by the National Academy of Financial Research at Renmin University of China, the China Capital Market Research Institute at Renmin University of China, and the Macau Association of Banks, was held on December 9 at the Ballroom of Wynn Palace in Macao. Dean Adrian Cheung, Associate Dean Eva Khong of the Faculty of Finance at the City University of Macau, and Associate Professor Li Hongjiang, Programme Director of the Faculty of Law, led 16 doctoral and master’s students to attend the forum. The event attracted nearly 300 representatives from government, business, academia, and research sectors across Guangdong, Hong Kong, Macao, and mainland China, who gathered to explore the modern finance to facilitate regional collaborative development and new pathways for industrial transformation and upgrading.

At the opening ceremony, speeches were delivered by Secretary for Economy and Finance, Mr. Tai Kin Ip; Chairman of the Macau Association of Banks, Mr. Ip Sio Kai; and Ms. Linda Chen, President, Vice Chairman, and Executive Director of Wynn Macau, Limited. Professor Wu Xiaoqiu, Financial Economist, National Distinguished Professor, and Chairman of the Forum delivered a keynote speech titled "The Role of Macao in the Greater Bay Area’s Financial Ecosystem." Professor Song Yonghua, the Rector of the University of Macau, delivered a keynote speech on "The Role of Macao and Hengqin in the Development of the Greater Bay Area International Science and Technology Innovation Hub."

During the keynote discussion session, Tam Chi Neng, Advisor, Office of the Secretary for Economy and Finance of Macau shared insights on the "Background and Significance of Macao’s Investment Fund Law." Associate Professor Hu Bo, School of Finance, Renmin University of China delivered a presentation on "The Experience of Developing Government Investment Funds in Mainland China and Its Implications for Macao." Subsequently, under the joint moderation of Chairman Ip Sio Kai and Associate Professor Hu Bo, representatives from the Macao government, Macao’s industrial, commercial, and financial sectors, the Hengqin-Guangdong-Macao Deep Cooperation Zone, academic think tanks, and fund industry experts participated in a keynote dialogue.

Dean Adrian Cheung and Associate Dean Eva Khong participated in closed-door seminars themed "Learning from Domestic and International Industrial Fund Operation Experiences to Comprehensively Promote the Coordinated Development of Macao’s Economy and Society" and "Opportunities and Challenges for Macao’s Finance in the Greater Bay Area Financial Ecosystem." This participation deepened the faculty and students’ understanding of the Greater Bay Area’s financial ecosystem, enabling them to closely engage with the forefront of financial development in the region. While absorbing the latest policies and industry trends, they developed a more systematic and forward-looking perspective and analytical approach to the industry.