October 14, 2017
At the beginning of September, Invest Hong Kong (InvestHK) announced that Hong Kong's regulators, along with a host of private sector partners, entrepreneurs and industry leaders, will participate in the second annual Hong Kong FinTech Week, to be held from October 23 to 27 at the Hong Kong Convention and Exhibition Centre in Wan Chai. The event will focus on the driving forces that shape Hong Kong as a global financial technology (FinTech) hub.
Key stakeholders of the Week include the Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority, and Hong Kong Exchanges and Clearing Limited, plus a string of organizations including Dianrong and Citibank, along with partners Finnovasia, NexChange, the FinTech Association of Hong Kong and more.
"The FinTech developments we've seen in Hong Kong since our inaugural FinTech Week in November 2016 are phenomenal. They reflect the dynamic nature of the city and our strategic advantage of being right at the doorstep of China's vibrant FinTech scene," the Director-General of Investment Promotion at InvestHK, Stephen Phillips, said. "And the beauty of FinTech in Hong Kong is that it's an organic ecosystem largely driven by the private sector. There are about 130 FinTech startups in Hong Kong, we have four FinTech accelerators and the calendar is filled with more than 200 FinTech-related events here."
Key themes this year include Hong Kong's core strengths as a hub for raising funds, its active application of blockchain and artificial intelligence (AI), the vibrant incubator and accelerator programs, and the close connection with Mainland China under the Belt and Road Initiative. Regulatory technology (RegTech), insurance technology (InsurTech) and wealth management technology will also be featured strongly, along with ...