InvestHK 2018 Hong Kong Fintech Week to go cross-border; Shenzhen leg puts focus on Greater Bay Area

The 2018 Hong Kong Fintech Week, hosted by Invest Hong Kong (InvestHK), is set to offer an entirely new dimension that taps both Hong Kong’s pre-eminent position as Asia’s financial hub and its unique position as an entry point to the Greater Bay Area.

The third annual Hong Kong Fintech Week, which runs from 29 October to 2 November 2018, will be the first cross-border Fintech event, expanding from Hong Kong into Shenzhen. It follows the huge success of the previous two years and the continued rise of Hong Kong as a magnet for global Fintech companies.

“Hong Kong is a fantastic base for Fintech companies that aspire to a share in what is the largest Fintech market in the world – China,” said Charles d’Haussy, Head of Fintech for InvestHK. “This year we want to put the focus on Hong Kong’s vital position and appeal as a conduit to the Greater Bay Area, which comprises half a dozen cities and 70 million people around the Pearl River Delta. It’s a powerful proposition and working with Shenzhen is a great way to showcase the opportunities.”

In 2017, Hong Kong Fintech Week attracted more than 4,000 senior executives and featured over 100 of the world’s top Fintech founders, investors, regulators and academics. Speakers included founders and executives from companies, such as Ant Financial, Tencent, Facebook, Google, Aviva, Swiss Re, Ping An, Zhong An Insurance and Baidu.

“Hong Kong itself has one of the most robust Fintech ecosystems in Asia. According to Accenture, Hong Kong-based Fintech investment jumped more than double to US$546 million in 2017 from US$216 million in 2016,” said Mr. d’Haussy. “Shenzhen, meanwhile, is also known as the ‘Silicon Valley of China’. The upcoming Hong Kong Fintech Week will demonstrate how Hong Kong, as a unique and dynamic Fintech hub, connects the Fintech communities and business worldwide to expand, grow and prosper in the region.”