Source:
https://scmp.com/presented/news/hong-kong/topics/ushering-new-era-hong-kong-fintech/article/2102385/ushering-new-era Hong Kong
Ushering in a new era for Hong Kong with FinTech
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Earlier this year, Switzerland-based International Institute for Management Development (IMD) ranked Hong Kong as the world’s most competitive economy for the second time in a row. The news instantly hit front pages of local newspapers, albeit without much celebration from the society. That’s understandable, given Hong Kong’s long-standing position as ‘Asia’s World City’ - a leading global financial centre with one of the most vibrant economies. However, the really interesting part in that report was the special importance given to ‘digital competitiveness’.