The Zhitong Finance App learned that on October 26, the Secretary for Financial Services and the Treasury (Treasury Bureau) of Hong Kong, Mr Hui Ching-yu, presided over the 6th Fintech Project Implementation Co-ordinating Group meeting to discuss the latest developments in fintech in Hong Kong with representatives of financial regulators, the fintech community and academia. Hui Ching-yu said that the Hong Kong government attaches great importance to promoting the development of fintech. According to the latest “Global Financial Center Index” report released last month, Hong Kong remains number one in the global ranking of fintech, highlighting Hong Kong's position as a global fintech hub.
Xu Zhengyu added that the work of the Fintech Project Implementation Co-ordinating Group helps promote coordination and cooperation across fields. Taking into account the valuable opinions put forward by industry representatives, the Government will continue to take multi-pronged measures with financial regulators to promote the development of fintech, including improving financial infrastructure, further enriching the fintech ecosystem, nurturing fintech talents, and strengthening ties and cooperation with other regions.
At the conference, participants exchanged views on various areas of fintech, including proposed regulatory systems for virtual asset trading, custody, provision of advice and management services. Financial regulators also reported on recent developments in the application of artificial intelligence in financial markets. In addition, the Hong Kong Monetary Authority reported on the latest developments in the Ensemble project, the Hong Kong banking sector's quantum readiness, and the “Business Datacom” and CargoX projects at the conference.
The Coordinating Team learned that Hong Kong Fintech Week 2026 will be held in conjunction with the StartMeupHK Startup Festival from November 2 to 6 under the theme of “Fintech Hubs Connect the World to Build the Future”. The main forum will be held at the Hong Kong Convention and Exhibition Centre from November 2 to 3. Entering its 11th edition, this year's global flagship event will continue to bring together participants from relevant fields from around the world. At that time, the Treasury Bureau and the Investment Promotion Department will work with participating organizations and the industry to showcase the vitality of Hong Kong's fintech ecosystem to the global market.
The Secretary for Treasury is the chairman of the Fintech Project Implementation Co-ordinating Group. The team members include representatives from the HKMA, the Securities and Futures Commission, the Insurance Authority, the Mandatory Provident Fund Schemes Authority, the Accounting and Financial Reporting Authority, the Investment Promotion Department, Cyberport and the Hong Kong Science and Technology Park.