Invest Hong Kong has assisted 59 companies to establish or expand their business in Hong Kong this year

In the first eight months of this year, Invest Hong Kong assisted 59 fintech companies to set up or expand their business in Hong Kong, an increase of 44% over the same period last year. 59 companies came from 12 economies, of which 40% came from the Chinese mainland, and the rest came from the United States, France, Singapore, Canada and the United Kingdom. There are several areas of Hong Kong's fintech industry where more companies have opened in Hong Kong in the past few years, such as digital assets, blockchain and Internet 3.0. A powerful digital bank in the mainland established a fintech subsidiary in Hong Kong this year, and used Hong Kong as its international headquarters to expand its business to the world.