Paul Chan: Hong Kong Monetary Authority proposed over 40 specific measures during FinTech Week, focusing on areas such as financial tokenization.
According to ChainCatcher, Hong Kong Financial Secretary Paul Chan Mo-po published a blog post titled "Mutual Promotion of Finance and Innovation & Technology", in which he pointed out that the Hong Kong Monetary Authority proposed more than 40 specific measures during FinTech Week. The "FinTech 2030" strategy focuses on areas such as financial tokenization, payment infrastructure, and artificial intelligence.
Paul Chan also revealed that startups under Hong Kong Cyberport and Science Park raised a total of HKD 6 billion in financing over the past year, and several resident companies went public, raising a total of HKD 5.2 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum’s $2,540 Retest Becomes Key Test for the Rally
Canton Network breaks 2 month range! – CC’s run to $0.15 depends on THIS zone
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
