Hong Kong Advances AI and Blockchain Applications in Finance

At the 47th Financial Innovation Forum of the Hong Kong Securities Association, Paul Chan, Secretary for Financial Services and the Treasury of Hong Kong, stated that Hong Kong is fully committed to promoting the application of cutting-edge technologies such as artificial intelligence and blockchain in the financial sector. He emphasized that in the face of the technological wave, Hong Kong must not only actively embrace change but also leverage technology to create new chapters for the financial market. The Chief Executive of Hong Kong pointed out in last month's "Five-Year Plan" that finance is Hong Kong's fundamental and greatest advantage, and that Hong Kong will comprehensively apply artificial intelligence in the development of financial technology.

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