Lee Ka-chao: Hong Kong Encourages More Investors to Enter the Fintech Field, Accelerating Innovation and Technological Transformation

On November 3rd, Carrie Lam, the Chief Executive of Hong Kong, stated in her opening speech at Hong Kong Fintechweek 2025 that currently, Hong Kong has more than 1200 fintech companies, which is a 10% increase compared to 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 more than 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 will relax its Capital Investment Entrant Scheme to encourage more investors to enter the fintech sector. Hong Kong is also exploring tokenization in traditional finance and applying regulatory sandboxes to promote innovation and prudent risk management. Hong Kong is accelerating innovation and technological transformation, focusing on key areas such as artificial intelligence, life and health sciences, and new energy, aiming to help emerging industries achieve scale development and prosperity.