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Lee Ka-chao: Hong Kong Encourages More Investors to Enter the Fintech Field, Accelerating Innovation and Technological Transformation
By: theblockbeats.news|2025/11/03 10:15:55
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BlockBeats News, November 3rd, Hong Kong Chief Executive Carrie Lam, in her opening speech at Hong Kong Fintechweek 2025, stated that Hong Kong currently has over 1200 fintech companies, a 10% increase from last year. It is projected that by 2032, the total revenue of Hong Kong's fintech industry will exceed $600 billion, with an annual growth rate of over 28%. In the first nine months of this year, the fundraising scale of initial public offerings (IPOs) in Hong Kong has exceeded $23 billion. Hong Kong's Capital Investment Entrant Scheme will be relaxed to encourage more investors to enter the fintech sector. Hong Kong is also exploring tokenization in traditional finance, as well as applying regulatory sandboxes to promote innovation and prudent risk management. Hong Kong is accelerating innovation and technological transformation, with a focus on key areas such as artificial intelligence, life and health sciences, and new energy, aiming to help emerging industries achieve scale development and prosperity.
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