Greater Bay Area

Hong Kong Monetary Authority releases' FinTech 2030 'vision

2025-11-04   

The Hong Kong Monetary Authority released its "FinTech 2030" vision on the 3rd, aiming to develop Hong Kong into a robust, resilient, and forward-looking international fintech hub. During the opening speech of Hong Kong Fintech Week 2025, the Chief Executive of the Hong Kong Monetary Authority, Yu Weiwen, stated that "Fintech 2030" focuses on four key areas, including building a new generation of data and payment infrastructure, supporting the comprehensive application of artificial intelligence in the industry, enhancing business and technological resilience, and promoting financial tokenization, covering over 40 specific projects. Yu Weiwen said that the Hong Kong Monetary Authority will strengthen cross-border payment interconnection and create new opportunities in various aspects, such as opening up credit channels for enterprises, promoting trade financing, and providing more personalized financial services and convenient cross-border remittances for citizens. To further promote the comprehensive and responsible application of artificial intelligence in the financial industry in Hong Kong and other regions, the Hong Kong Monetary Authority will collaborate with the industry to build a shareable and scalable artificial intelligence infrastructure and specialized models for the financial industry. Yu Weiwen also mentioned that the Hong Kong Monetary Authority will prepare for the era of quantum computers, including taking proactive measures to make the financial system more robust. To build a thriving tokenization ecosystem in Hong Kong, the Hong Kong Monetary Authority will further promote the tokenization of real-world assets. The settlement of these assets on the blockchain will be achieved through new digital currencies, including digital Hong Kong dollars, tokenized deposits, and regulated stablecoins. Yu Weiwen said that "Fintech 2030" presents a strategic framework that is interconnected and mutually driven. Among them, data is the lifeline of the digital economy, artificial intelligence is the engine, resilience is the safety net, and tokenization is the channel. These elements will work together to build a smarter, more inclusive, more efficient, and safer financial ecosystem for Hong Kong. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email:lwxsd@liaowanghn.com

Recommended Reading Change it

Links