Data: There are about 1,000 financial technology companies in Hong Kong covering virtual silver, virtual insurance, virtual assets, etc

Xiao Geng, director of the Institute of Policy and Practice of the Institute of Advanced Financial Studies of the Chinese University of Hong Kong (Shenzhen), said in an exclusive interview with the Hong Kong Wen Wei Po recently that there are currently about thousands of financial technology companies developing in different fields in Hong Kong, covering mobile payment, cross-border wealth management, artificial intelligence financial services advisory, wealth and investment management, compliance technology and other fields, including eight virtual banks, four virtual insurance companies and two licensed virtual asset trading platforms. Over the years, the SAR government has vigorously promoted the development of Hong Kong's financial technology, and will continue to enhance Hong Kong's financial technology competitiveness in the future. Chan Maobo, the financial secretary of the Hong Kong Special Administrative Region, once expressed his insights on the changes in Hong Kong's financial industry: the greatest growth potential of Hong Kong's financial industry in the future will lie in financial technology.