Hong Kong Monetary Authority outlines Fintech 2030 blueprint, targeting AI, cybersecurity, payments, and asset tokenization to strengthen its global fintech hub position.
Hong Kong Monetary Authority chief Eddie Yue announced the Fintech 2030 blueprint aimed at establishing Hong Kong as a resilient global fintech hub. The plan focuses on AI adoption, quantum-era cybersecurity, next-generation payments, and asset tokenization, with more than 40 specific projects scheduled. This builds on earlier growth figures, with Hong Kong hosting over 1,200 fintech firms, projecting $600 billion in revenue by 2032 and achieving a 10% year-on-year sector growth. IPO funding surpassed $23 billion in the first nine months of the year.