Fonte Capital participated in AIFC Connect in Hong Kong

On May 22, Fonte Capital Ltd took part in the AIFC Connect business event organized by the Astana International Financial Centre (AIFC) in Hong Kong. The event aimed to strengthen business ties between Astana and Hong Kong and promote the investment potential of the AIFC. The meeting brought together over 120 representatives of leading Hong Kong companies, including banks, investment firms, and insurance institutions.

The official opening was led by Renat Bekturov, Governor of the AIFC, and Nicholas Ho, HK Government Commissioner of Belt and Road.

As part of the program, Yerzhan Mussin, CEO of Fonte Capital Ltd, together with Asset Onglassov, Chief of Products at the AIFC Authority, presented to Hong Kong’s business community the AIFC experts' report on the asset management market in Kazakhstan. In his remarks, Yerzhan Mussin highlighted key aspects of Kazakhstan’s investment landscape, the development prospects within the AIFC jurisdiction, and the role of Fonte Capital as one of the leading players in the asset management sector.

A series of discussions with industry experts was held at the AIFC Connect event, where insights and forecasts were shared on the future of Kazakhstan's capital markets, the financial services landscape in Central Asia, and the AIFC’s unique role in providing investor protection mechanisms and resolving international disputes. Participants included representatives from Halyk Bank, AIX, ITS, NAC Kazatomprom, the Shanghai Stock Exchange, HKTDC, and other organizations.

It is worth noting that according to GFCI the AIFC is the leading financial center in the Eastern Europe and Central Asia region. Since its establishment in 2018, the AIFC has attracted over USD 14.7 billion in investments into Kazakhstan’s economy. Over 3,900 companies from 80+ countries, including the USA, the UK, China, Hong Kong, Turkiye, the Republic of Korea, Singapore, and others, are registered within the AIFC’s jurisdiction.

“Building a mature asset management ecosystem requires a transparent regulatory environment, developed infrastructure, and qualified market participants. Kazakhstan’s investment market, supported by the AIFC, is consistently progressing in this direction and demonstrating sustainable growth. Platforms such as AIFC Connect facilitate substantive dialogue and expand opportunities for international cooperation by opening new channels for capital inflow and joint investment initiatives,” noted Yerzhan Mussin, CEO of Fonte Capital Ltd.