Hong Kong Investment Promotion Bureau holds seminar to promote exchange between financial technology enterprises and investment community.

Recently, a seminar hosted by the Hong Kong Investment Promotion Agency entitled "Meeting with Leading Venture Capital Institutions in Hong Kong" was held. This event attracted more than 200 founders of financial technology companies, venture capital leaders, and industry experts, injecting new vitality into Hong Kong's financial technology ecosystem. The seminar provided valuable opportunities for startups and growing companies to connect with prominent venture capital leaders. During the seminar, these experienced investors shared insights on the landscape and trends of markets in Hong Kong, Southeast Asia, the Middle East, and beyond. For venture capital institutions, the Global Fast Track program and the online business matching platform Fast-Track Connect, which is limited to invited participants, enable them to quickly access high-quality projects and strengthen their strategic investment network. Anthony Wu, Director of Concept Capital, pointed out that Hong Kong has unique advantages in the field of financial technology, such as a transparent regulatory system, a deep offshore capital market, and a credible legal system, making it an ideal springboard for startups to expand regionally and globally. David Ng, Founding Partner of Forever Investment, stated that with the accelerated connectivity between mainland China and Hong Kong, the demand for cross-border financial services is increasing. The mainland's abundant resources in software development and rapid iteration speed, combined with Hong Kong's internationalized market and application scenarios, complement each other well. Hong Kong has the second largest pool of funds in the Asia-Pacific region, second only to mainland China. As of the first half of 2024, private equity funds managed in Hong Kong exceeded $233.9 billion. As the largest hedge fund center in Asia and a hub for cross-border wealth management, Hong Kong continues to attract global capital. Since the Hong Kong government issued the Declaration of Hong Kong Family Office Business Policy, family office business has flourished. Currently, over 2,700 single-family offices operate in Hong Kong, with the assets under management steadily growing. Additionally, as of the end of June this year, the Capital Investment Entrant Scheme is expected to bring in investments exceeding HK$46.4 billion, further solidifying Hong Kong's position as an excellent international investment hub.