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The Road to a Digital Economy (powered by HSBC) | Hong Kong FinTech Week 2023

FinTechHK Webinar - Digital Banking: Strength in Numbers towards Financial Inclusion

Fintech start-ups in Hong Kong - FORMS HK

Virtual Banking Offers a New and Different Proposition in HK, Says ZA International’s Xu

virtual asset trading Platforms

  • The SFC publishes the following lists on its website to inform the public of the regulatory status of virtual asset trading platforms operating in Hong Kong or actively marketing their services to Hong Kong investors.

    Visit SFC - Lists of virtual asset trading platforms for more information.

5 DIGITAL BANKS REVOLUTIONISING FINTECH…

  • IBS intelligence article (March 27, 2024)

    “Hong Kong’s digital banking ecosystem is vibrant and rapidly evolving, driven by technological advancements, regulatory reforms, and shifting consumer preferences. In 2019, Hong Kong’s Monetary Authority (HKMA) introduced a new regulatory framework to encourage the development of virtual banks, fostering competition and innovation in the financial sector…”

VIRTUAL BANKS FORGE PATH TO SUSTAINABILITY

  • Venturing into wealth management and insurance (KPMG, 13 June 2023)

    “…Virtual banks hope to venture into wealth management and insurance and capitalise on the rising trend of online distribution of such products and services. Younger customers in particular value the convenience of being able to conduct research and purchase investment and insurance products and services with a just few clicks. This is evidenced by the strong growth in the number of investment transactions and long-term insurance policies sold via digital channels in the past few years…”

Digital Vs. Traditional Banks For Hong Kong Company

HONG KONG: tHE fintech fast track

  • Visit CNBC for further information.

    “Despite the disruption of Covid-19 around the world, Hong Kong has managed to maintain its competitiveness and economic activities, especially in financial services sector.

    The resilience can be attributed to proactive and resourceful government support, vigor and resilience of the Hong Kong people, and world-class fund raising platform. Coupled with a massive financial services sector, these factors provide a strong foundation to support the fintech communities in Hong Kong.

    The Global Fast Track Programme, part of the upcoming Hong Kong Fintech Week, seeks to expand on the city’s fast-growing fintech ecosystem and create more opportunities for business deals and partnerships in the post-pandemic era.”

HONG KONG AS A FINTECH AND FIN HUB: A STUDY