Hong Kong’s fintech body eyes bigger plans in Greater Bay, stronger links with Shenzhen
- Fintech association wants to expand its size and scope of programmes in the Greater Bay Area, newly appointed chair Lareina Wang says
Hong Kong’s fintech community is expanding its size and scope of programmes as opportunities from the Greater Bay Area (GBA) and the cross-border investment Connect schemes bring in more players to the city, its leader said.
The association plans to elevate its relationship with its peer in Shenzhen, the mainland’s leading technology hub in southern Guangdong province, said Wang, who is also the head of digital and innovation at DBS Bank Hong Kong, a unit of Singapore’s biggest banking group.
The FTAHK will visit Huawei’s research and development institute in Dongguan, another city in the province, in September in an event co-organised by the two fintech industry groups, Wang said. They will also enhance their ties for the Hong Kong Fintech Week in late October, she added.
The FTAHK is keen to have a stronger influence across “everything GBA for fintech,” said Wang. The Shenzhen FinTech Association, which has a wide and broad member base, has become a “natural partner”, she said in an interview.
“They have members who are actively looking to expand outside mainland China and keen to learn from us how businesses are done here,” Wang said.