Chan Ho-lim: Hong Kong is advancing AI and blockchain applications in the financial sector
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【Chan Ho-lim: Hong Kong is making every effort to advance AI and blockchain applications in the financial sector】
Hong Kong Secretary for Financial Services and the Treasury Christopher Hui spoke at the Hong Kong Securities Association 47 annual Financial Innovation Forum, stating that in the face of waves of frontier technologies such as AI and blockchain, it is necessary not only to proactively embrace change but also to harness the power of technology to jointly write a new chapter for Hong Kong’s financial markets. Hui noted that the Hong Kong Chief Executive explicitly stated in the 《5 annual 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 promote the comprehensive application of artificial intelligence across all financial sectors.
Key points
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Christopher Hui delivered remarks at the Hong Kong Securities Association’s 47 annual Financial Innovation Forum.
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Hui said that in the face of waves of frontier technologies such as AI and blockchain, it is necessary to proactively embrace change and harness the power of technology.
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Hui noted that the Hong Kong Chief Executive stated in the 《5 annual plan》 announced last month that finance is Hong Kong’s foundation and greatest advantage.
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Hui said that Hong Kong is making every effort to promote the comprehensive application of artificial intelligence across all financial sectors.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This content expresses the direction of Hong Kong’s promotion of fintech applications. It explicitly mentions the comprehensive application of artificial intelligence; blockchain appears in the initiative to use frontier technologies.
Why it matters to readers
The statement indicates that artificial intelligence and blockchain have attracted attention in Hong Kong’s financial sector, but the existing text is mainly directional in nature.
Beginners may monitor whether specific regulatory arrangements, pilot programs, or support measures emerge later, and should not judge actual progress based solely on a directional statement.
Risks and unknowns
The evidence comes from a Telegram channel’s paraphrase; the original speech was not provided, so the accuracy of the wording still needs to be verified.
The text does not disclose any specific policy, budget, pilot program, or implementation timetable.
The main text does not explicitly state that Hong Kong is making every effort to promote the comprehensive application of blockchain in the financial sector.
《5 The specific content and publication information of the annual plan》 cannot be verified based solely on the available evidence.
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