WikiEXPO Global Guest Interview – Fu Peng: Global Financial Markets Are Undergoing Once-in-a-Century

July 23–24 — Fu Peng to Appear at WikiEXPO Hong Kong

From July 23 to 24, renowned economist Mr. Fu Peng — a specially appointed financial think tank expert for national media outlets including Xinhua News Agency and China Central Television — will attend WikiEXPO in Hong Kong. He will join global industry leaders, regulatory representatives, and fintech experts to discuss new challenges in trading security amid profound macroeconomic transformation.

Against the backdrop of accelerating restructuring in global financial markets, the trading environment is facing unprecedented uncertainty. Centered on this core theme, WikiEXPO conducted an exclusive interview with Mr. Fu Peng. The interview will be released as a series, with each episode focusing on a key issue — from the reconstruction of the global financial order to the upgrading of trading security systems — systematically analyzing major trends and potential risks in today‘s market environment, while presenting Mr. Fu’s in-depth insights into the evolving global trading security landscape.

A Macro Turning Point Approaches: Market Volatility May Be Repriced

In the interview, Fu Peng noted that since the 2008 global financial crisis, major central banks have implemented prolonged unconventional monetary policies, creating a market expectation akin to a “central bank backstop.” This liquidity-support mechanism has suppressed volatility for more than a decade while simultaneously pushing up valuations of risk assets.

Today, global financial markets are undergoing “once-in-a-century transformations”:

• Rising geopolitical risks
• Fiscal and monetary policies gradually returning to prudence
• A restructuring of the global order

Once major central banks begin breaking the markets reliance on accommodative policies, long-suppressed volatility could be rapidly released.

Fu Peng believes that future market risks may display amplified cross-asset and cross-market contagion effects. Liquidity risk and counterparty risk are likely to become core variables that cannot be ignored within the trading environment.

This trend signals that challenges to trading security are shifting from micro-level concerns to macro-structural dimensions.

Formation of a New Financial Order: Emerging Assets Enter a Risk-Exposure Phase

Beyond structural changes in traditional markets, Fu Peng also emphasized that the world is currently in a transitional phase of rebuilding a new financial order.

Emerging asset classes such as crypto assets continue to expand in scale. However, every emerging asset class inevitably goes through a cycle of “risk exposure – regulatory intervention – order reconstruction.” During this transitional period, trading security challenges become increasingly complex.

• How can innovation and risk be balanced effectively?
• How can ecosystem stability be maintained amid intensified volatility?

These are critical questions that demand close attention.

July in Hong Kong: Shaping the Future of Trading Security

As global financial markets enter a new cyclical turning point and trading security becomes a central issue the industry can no longer avoid, truly valuable judgments often emerge from deep dialogue and intellectual exchange.

As a globally recognized fintech expo, WikiEXPO not only gathers trends and insights, but also actively advances dialogue, standards, and ecosystem evolution.

Speaking about the upcoming Hong Kong edition, Fu Peng shared:

As a globally renowned fintech expo, WikiEXPO not only brings together trends and insights, but also actively promotes dialogue, standards, and ecosystem evolution.

In times of global transformation, face-to-face communication is more important than ever.

I look forward to meeting you all offline at WikiEXPO Hong Kong to explore a more stable, efficient, and secure fintech future together.

July 23–24 · Hong Kong

Engage in dialogue with Fu Peng on-site and seek certainty in an era of uncertainty.

WikiEXPO Hong Kong awaits your participation.