According to PANews, the Hong Kong Financial Management Bureau has launched the FiNETech series. This initiative brings together approximately 100 banks, securities companies, insurance companies, and technology enterprises. The aim is to jointly explore advanced cooperation arrangements in wealth technology, insurance technology, green technology, artificial intelligence, and distributed ledger technology.
Over the next six to twelve months, the Bureau plans to expand its cooperation in the field of financial technology through the FiNETech series of events. This will include continued collaboration with various co-organizing institutions, industry associations, and market experts. The focus will be on the development of artificial intelligence (including generative artificial intelligence), distributed ledger technology, and green technology.
The Bureau also aims to make substantial progress in the adoption of financial technology by banks and other financial institutions. This is part of the broader goal of the FiNETech series to foster innovation and collaboration in the financial technology sector.