King Leung Head of Financial Services and FinTech at InvestHK
Hong Kong has a well-established playbook of why it’s a leading international finance centre. We have competitive and low tax structures, free flow of capital, access to the Greater Bay Area (GBA), fair and effective markets. It is a list many of us are familiar with and the reason why we have a thriving ecosystem of around 1,000 fintech companie
06 March 2024 /regulation /markets Asia Financial Services
Post-Covid Hong Kong is meeting the world with a new outlook on collaboration. Historically known as a trade hub in the East, we are now looking westwards with new projects launching in the Middle East. With the advantages created by Hong Kong’s geographical location and its regional expertise, we are perfectly poised to establish mutually benefic...
26 September 2023 /startups /crypto Asia Financial Services
In the Chinese novel “Romance of the Three Kingdoms”, military strategist Zhuge Liang prays for the “eastern wind” as the final missing element to feed the fires that would rage across the ships and the armies of warlord Cao Cao. Just like the novel, Hong Kong’s fintech fires are primed and the policy announcements made by regulators at the Hong K...
19 January 2023 /crypto /markets Asia Financial Services
All around the world, central banks are exploring and experimenting with the potential of Central Bank Digital Currency (CBDC), with around 100 countries having launched projects related to the technology to date. While the technology is still in its infancy, it has the potential to fundamentally alter the global payment landscape and internationa...
29 August 2022 /wholesale /crypto Asia Financial Services
The economist Michael Porter once said that California is successful for its wine, not because of its meteorological conditions, but because it has an economic cluster of interconnected wineries, grape growers, suppliers, and wine-related institutions in the state. There are banks in California with such deep understanding of the local economy tha...
16 December 2021 /startups /markets Asia Financial Services
Traditional banks, insurers, and financial service providers in Hong Kong are jumping on board with fintech adoption, with a Hong Kong Monetary Authority (HKMA) study showing 86 per cent of incumbents are currently adopting fintech technologies. These financial institutions have succeeded to varying degrees in digitalising their businesses. Yet, m...
07 July 2021 /regulation /inclusion Banking Regulations
An international fintech hub characterised by a diverse, resilient, and dynamic landscape, Hong Kong is a deep market on the rise with a large number of financial institutions and fintech start-ups looking to rapidly scale-up. Throughout the COVID-19 pandemic, the Hong Kong fintech sector bucked the global trend as companies continued to grow, rai...
15 March 2021 /people Fintech
The COVID-19 pandemic has forced lockdowns and impacted economies globally. As we recover from the pandemic, the focus for international finance hubs is resilience and recovery. One of the most important success factors for fintech companies in the post-pandemic era is the ability to scale. From funding, to product development to distribution and m...
02 February 2021 /startups /markets Asia Financial Services
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