Hong Kong’s FinTech Sector Triples in a Decade Amid AI and Tokenization Push
Hong Kong's FinTech ecosystem has expanded threefold over the past decade, with startups surging from 1,600 to nearly 5,000. Financial Technology Week's 10th anniversary marks this growth, underscored by 1,200 specialized firms driving consistent year-on-year progress.
"Quantitative changes tell only half the story," says Xu Zhengyu, Director of the Financial Services and the Treasury Bureau. The qualitative leap comes from a maturing ecosystem where blockchain, AI, and tokenized assets now dominate government priorities. Two digital asset declarations and one AI policy framework have accelerated private sector engagement.
Tokenization emerges as the new frontier, with regulators actively shaping infrastructure for asset digitization. The SAR's strategic pivot mirrors global crypto maturation trends, though no specific coins or exchanges are named in current policy directives.
