Hong Kong already has thousands of financial technology companies, covering virtual banks, virtual insurance, and virtual asset trading.

BlockBeats news, on September 9, according to an exclusive interview with the Hong Kong Wen Wei Po, Xiao Geng, director of the Institute of Policy and Practice of the Institute of Advanced Finance of the Chinese University of Hong Kong (Shenzhen), said that there are currently about a thousand financial technology companies developing in different fields in Hong Kong, covering mobile payments, cross-border financial management, artificial intelligence financial service consultants, wealth and investment management, compliance technology and other fields, including eight virtual banks, four virtual insurance companies and two licensed virtual asset trading platforms. Over the years, the SAR government has vigorously promoted the development of financial technology in Hong Kong, and will continue to enhance Hong Kong's financial technology competitiveness in the future. Hong Kong SAR Financial Secretary Paul Chan Mo-po once expressed his views on the transformation of Hong Kong's financial industry: the greatest growth potential of Hong Kong's financial industry in the future will lie in financial technology.