Anticipation builds as Hong Kong FinTech Week 2024 unveils an insightful programme poised to revolutionise financial services.
- Asia’s leading fintech event will feature cutting-edge exhibitions and discussions on AI, blockchain, and digital assets.
- Over 30,000 participants from across the globe will converge in Hong Kong to explore industry innovations.
- The event underscores Hong Kong’s rise as a global fintech hub, ranking third in the Global Financial Centres Index.
- Key highlights include a Global Fast Track competition and community events fostering innovation and collaboration.
As Hong Kong FinTech Week 2024 opens its doors, industry leaders and innovators worldwide are preparing for a week filled with transformative insights into the future of financial services. Set to take place from October 28th to November 1st, the event is themed ‘Illuminating New Pathways in Fintech’ and promises an unparalleled exploration of emerging technologies.
Hong Kong’s status as a premier fintech destination is bolstered by its recent climb to third in the Global Financial Centres Index. This accolade reflects the city’s enduring commitment to fostering a dynamic financial sector. The upcoming event, anticipated to attract over 30,000 attendees from more than 100 territories, serves as a testament to the city’s pivotal role in shaping the global fintech landscape.
Central to this year’s forum are developments in artificial intelligence, blockchain, and digital assets. Notably, a significant 38% of Hong Kong’s finance leaders are currently utilizing generative AI, notably above the 26% global average. These technologies are set to dominate the multitude of discussions, workshops, and demonstrations at the event. Furthermore, the event’s design, inspired by traditional Chinese philosophical concepts, aims to create a balanced and engaging experience for participants.
The integration of insurtech and sustainability topics into the conversations is yet another highlight, reflecting current trends in the sector. Alpha Lau, Director-General of Investment Promotion at InvestHK, remarks on the importance of embracing these technologies, indicating their centrality to Hong Kong’s strategic economic positioning, stating: “Hong Kong’s readiness to embrace technologies like AI and blockchain is key to maintaining our competitive edge in financial services.”
Complementing the core convention, Hong Kong FinTech Week 2024 will also host several community engagement activities in both Hong Kong and Shenzhen. These events are designed to foster a spirit of camaraderie and collaborative innovation among attendees. Among the highlights is the Global Fast Track competition, which will see finalists pitch their fintech innovations to a diverse audience of corporates and investors, exemplifying a unique platform for aspiring innovators.
Christopher Hui, the Secretary for Financial Services and the Treasury, eloquently describes Hong Kong’s strategic advantages, highlighting its ‘super connector’ and ‘super value-adder’ roles in the fintech sector. His remarks underscore the city’s robust infrastructure and strategic geographical location, which are essential to its thriving financial services industry.
Hong Kong FinTech Week 2024 is poised to be an unmissable event, showcasing global fintech innovations and reinforcing Hong Kong’s strategic economic role.
