Hong Kong Fintech Ecosystem Report

PART I HONG KONG FINTECH AT A GLANCE As a longstanding principal financial center in the Asia Pacific region, Hong Kong has experienced substantial fintech growth.¹5 Over the past two decades, the city has strategically leveraged advancements in technology to establish itself as a leading global financial hub while gaining a reputation as an innovative city.¹6 15. https://www.adb.org/sites/default/files/publication/532751/adbi-wp1013.pdf 16. https://www.fsdc.org.hk/media/pvtlwf2x/eng-embracing-digital-id-accelerating-digital- transformation-in-hks-financial-services-industry.pdf