Hong Kong Secretary for Financial Services and the Treasury, Mr James Lau, visited San Francisco in May to promote Hong Kong’s strengths in financial services and financial technology (Fintech) developments and to seek collaboration opportunities with the Fintech sector in the San Francisco Bay Area.
Hong Kong Secretary for Financial Services and the Treasury, Mr James Lau, speaks at a San Francisco business luncheon hosted by the Hong Kong Economic and Trade Office in San Francisco on May 30 to promote Hong Kong as a premier global financial hub in Asia.
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During his 3-day visit, Mr Lau visited Fintech companies and incubator to share views on Fintech trends and infrastructure support for Fintech developments in Hong Kong. He also met with key personnel of innovation center and facilities to discuss the applications of emerging technologies including IoT (Internet of Things), machine learning, big data and cloud computing in the financial services industry; and application of Fintech for a better customer experience.
He also took time to discuss with local interlocutors about Hong Kong's commitment to develop into a regional hub for green finance and efforts in promoting the green bond market.
He met with venture capitalists and leaders of Fintech companies to discuss the venture capitalist experience in investing in start-ups and exchange views on global financial innovation and share details of the vast investment opportunities Hong Kong can offer to overseas investors.
In speaking with academics, Mr Lau exchanged views on issues including Fintech developments in Hong Kong and efforts to attract and groom technology talents as well as changes to Hong Kong's listing rules to allow pre-revenue biotech companies to list on the main board of the Hong Kong Stock Exchange.
In addition to the meetings, the Hong Kong Economic and Trade Office in San Francisco hosted and co-organized two luncheons featuring Mr Lau. At the luncheon co-organized with the Plug and Play Tech Center on May 29, Mr Lau gave a keynote speech highlighting the vital role of Hong Kong as a base for Fintech companies to explore new business opportunities in Asia.
He introduced the promising happenings in the Fintech scene in Hong Kong, emphasizing that with concerted efforts by the Government, regulators and the fintech community, Hong Kong has emerged as the link between the East and the West in the ever-exciting and ever-expanding area of Fintech.
At the business luncheon on May 30 to promote Hong Kong as a premier global financial hub in Asia, he told the attending business leaders that Hong Kong has pledged to develop into a preferred listing platform for both initial public offerings and secondary listings.
He also highlighted Hong Kong's active role in enabling the financial services sector to capitalise on the vast opportunities presented by the global trend of green financing and the Belt and Road Initiative.
Hong Kong Secretary for Financial Services and the Treasury, Mr James Lau (first left), shares details of the vast investment opportunities Hong Kong can offer to overseas investors with venture capitalists at a dinner meeting in Silicon Valley on May 29.
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Hong Kong Secretary for Financial Services and the Treasury, Mr James Lau, gives a keynote speech to promote Hong Kong's role as a Fintech hub in Asia at a luncheon on May 29.
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