Hong Kong FinTech Week - New measures announced to develop fintech

Global leaders, executives, regulators and innovators gathered at Hong Kong FinTech Week from 30 October to 5 November 2023. They included 500+ speakers, 700+ exhibitors and 30,000+ attendees. The Global Fast Track segment helped 500+ innovative fintech companies to become viable, visible and scalable in Hong Kong, Asia and beyond.

Addressing the conference, Chief Executive of the Hong Kong Special Administrative Region, Mr John Lee, said the Hong Kong SAR Government is committed to the continuing rise of fintech, and its expanding reach and influence in Hong Kong and beyond. Hong Kong offers unparalleled opportunities for fintech businesses to grow and thrive long down this 21st century of opportunities. Mr Lee's speech

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, announced three major initiatives to foster co-development of fintech and real economy. These include launching a new Integrated Fund Platform (IFP), welcoming cross-boundary e-CNY applications to benefit inbound and outbound visitors between the Mainland and Hong Kong, and promoting real economy-related applications and innovations by the Virtual Assets (VA) and Web3.0 sector, as well as further development of the regulatory framework.

The Chief Executive, Mr John Lee, speaks at Hong Kong FinTech Week 2023

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, announced a series of major initiatives for fintech development in Hong Kong.