Invest Hong Kong: Assisted 59 companies to set up or expand their businesses in Hong Kong this year

Global Head of Financial Services and Technology, and Sustainable Development at Invest Hong Kong, said that in the first eight months of this year, Invest Hong Kong assisted 59 fintech companies in setting up or expanding their businesses in Hong Kong, an increase of 44% compared to the same period last year. The 59 companies come from 12 economies, with 40% from mainland China and the rest from the United States, France, Singapore, Canada, and the United Kingdom, among others. The fintech industry in Hong Kong covers several categories, and in recent years, many companies have opened in Hong Kong, such as digital assets, blockchain, and Internet 3.0. A powerful digital bank from mainland China established a fintech subsidiary in Hong Kong this year and expanded its business globally with Hong Kong as its international headquarters.