Hong Kong FinTech Week Set to Reach Unprecedented Size in 2019
This year’s Hong Kong FinTech Week is expected to feature a record number of participants following the move to a larger venue at AsiaWorld-Expo.
Hong Kong Fintech Week 2019 runs from 4 – 8 November, and will attract over 8,000 industry leaders as well as 200 high-level speakers and 100 exhibitors, including more than 10 global fintech unicorns valued at over USD$1 billion.
Key speakers will include Kristo Käärmann, co-founder and CEO of TransferWise; Greg Gibb, CEO of Chinese fintech giant Lufax; Wayne Xu, president of Chinese insurtech player ZhongAn International, and Ryan Fung, chief executive, Hong Kong, Ping An OneConnect Bank.
The focus of the event will be the immense potential and attendant risks of emerging technologies that are currently transforming global finance, including artificial intelligence, big data, the blockchain and machine learning technologies.
Blockchain technology is becoming an increasingly important feature of the regional finance sector, following the Hong Kong Monetary Authority’s (HKMA) launch of a blockchain-driven trade finance platform.
Another key theme will the emergence of digital-only banks in the region, following the provision of eight virtual banking licenses by HKMA in the first half of 2019.
Hong Kong FinTech Week will see the participation of 15 digital-only banks from around the world, as well as seven of Hong Kong’s recently anointed virtual banking licensees.
Hong Kong FinTech Week will also give participants the opportunity to see the flourishing development of China’s fintech sector first-hand, with visits to companies in the southern Chinese tech hub of Shenzhen, just across the border from Hong Kong.
The Shenzhen tour will feature company visits, presentations and networking opportunities which will provide participants with unparalleled access to the local fintech sector.