Hong Kong Trade Development Council's Beijing Representative Li Yadong: There are 48 Fintech companies in Hong Kong that are among the top 100 in the world, covering blockchain and other businesses

Hong Kong Trade Development Council Beijing representative Li Yadong said at the "2019 First Finance and Financial Technology Summit" on December 1 that the Guangdong-Hong Kong-Macao Greater Bay Area is a region with great potential. FDI, ODI, and most financial institutions are conducted through Hong Kong, which means that investment promotion, foreign investment, and most of the financial investment. Hong Kong is currently one of the world's top ten fintech centers, and the total number of fintech companies in Hong Kong also exceeds 600. Among them, 48 are considered to be the world's top 100 fintech companies. The business covers mobile payment, artificial intelligence, and mechanical financial advisors. , Financial management, blockchain, etc., from 2014 to 2018, the cumulative total investment of fintech companies in Hong Kong exceeded 1 billion US dollars, which is more than half that of Singapore. The HKMA has established the Fintech Promotion Office to play the role of promoter and facilitator for the steady development of fintech in Hong Kong, promote the industry to study the potential applications and risks of fintech development, and train a new generation of fintech talents. In addition, the Cyberport also has a fintech zone, which provides a series of services for fintech companies and start-ups in the zone, and also builds different platforms each year to assist the industry in exploring and promoting the development of fintech.