Chen Haolian: Hong Kong is making every effort to advance the application of AI in the financial sector.

Zhitong Finance APP has learned that Hong Kong's Secretary for Financial Services and the Treasury, Chen Haolian, mentioned in his speech at the 47th Anniversary Financial Innovation Forum of the Hong Kong Securities Association on October 30 that gathering together today under the theme "Embracing Financial Change, Technology Reshaping the Market" precisely demonstrates the Hong Kong financial industry's spirit of courage in innovation and flexibility. Facing the wave of cutting-edge technologies such as artificial intelligence (AI) and blockchain, we must not only proactively embrace this transformation, but also use the power of technology to jointly write a new chapter for Hong Kong's financial market. Hong Kong's Chief Executive clearly pointed out in the "Five-Year Plan" announced last month that finance is Hong Kong's foundation and greatest advantage. In terms of fintech development, Hong Kong is making every effort to advance the comprehensive application of artificial intelligence across all financial sectors.