FinTech Week: heads of Standard Chartered, Citi, JPMorgan Hong Kong to join John Lee, regulators for largest-ever event

Hong Kong is gearing up for a significant event known as FinTech Week. This five-day event is anticipated to draw in over 30,000 participants, including government officials, banking regulators, and top executives from major banks. The purpose of this gathering is to delve into the future of the financial services industry, particularly the impact of fintech innovations. Invest Hong Kong backs the event, which is scheduled to run from October 30 to November 5. The theme for this year is 'Fintech Redefined'. The organisers have expanded the event space to accommodate 540 exhibitors for this eighth edition. The event will also feature a two-day conference on November 2 and 3 at the Hong Kong Convention Exhibition Centre, with over 300 speakers expected to participate. Joseph Chan Ho-lim, the undersecretary for financial services and the treasury, expressed his excitement about the transformation of Hong Kong's fintech industry. He emphasised that the focus is shifting from technology to its practical application. Keynote speeches will be delivered by the city's Chief Executive John Lee Ka-chiu, Financial Secretary Paul Chan Mo-po, and Secretary for Financial Services and the Treasury Christopher Hui Ching-yu. The conference will also be attended by Eddie Yue Wai-man, CEO of the Hong Kong Monetary Authority (HKMA), and Julia Leung Fung-yee, leader of the Securities and Futures Commission. The speaker list includes top executives from major banks such as Citi Hong Kong and Macau, Standard Chartered, and JPMorgan Hong Kong. The conference will cover six key themes: global regulations and sustainable finance; venture capital and family office investments; artificial intelligence; Web3 technology; the opportunities in the Greater Bay Area; and Hong Kong’s innovation journey. Saurabh Mundhra, head of treasury and trade solutions at Citi Hong Kong, emphasised the importance of fintech adoption for the sustainable growth of the entire financial industry. He also highlighted the role of partnerships between banks and fintech companies in accelerating the development of new capabilities and solutions. Following FinTech Week, the HKMA’s Global Financial Leader’s Investment Summit is scheduled to take place. Bojan Obradovic, chief digital officer at HSBC, expressed his anticipation for the innovations that will be presented at this year's FinTech Week. He stated that as a bank, they are keen to tap into these innovations. Tickets for FinTech Week are currently available for purchase, with prices set at US$599 for in-person attendees and US$100 for online attendees.