As financial hub rivals innovate, Hong Kong races ahead in digital finance

[HONG KONG] Determined to retain Hong Kong’s enduring status as a regional financial centre, the city’s officials are busy recreating and promoting its image and infrastructure – in the digital dimension.

Long seen as a technology laggard, Hong Kong has been rolling out fintech infrastructure at lightning speed, overlaying its traditional financial system in a big way.

In addition to generous investments and subsidies for innovation and technology, the sector has received a boost in top talent from mainland China of late, many of whom have arrived with experience at Chinese tech giants and startups.