“Hong Kong’s leadership as a financial centre makes it a prime contender to become a major FinTech hub”, Dr Frank Tong tells CNBC

“Hong Kong’s leadership as a financial centre makes it a prime contender to become a major FinTech hub”, Dr Frank Tong tells CNBC

  • The Hong Kong SAR of China is often referred to in the same sentence as the city state of Singapore in terms of advancing science and technologies and dominating the field of trade and finance. CNBC Asia has aired a series of programmes this week talking to technology leaders from both cities and analysing the relative strengths and opportunities in both places. The broadcaster spoke to Frank Tong, CEO of ASTRI, to find out what makes Hong Kong such a vibrant place with immense potential.

     

    Frank spoke about the unique advantages enjoyed by Hong Kong including its connectivity with Mainland China, a globally prominent financial hub, world-class infrastructure, and a sound framework of governance and regulations. He also referred to opportunities emanating from initiatives like ‘Belt and Road’ and ‘Greater Bay Area Integration’.

     

    A big part of the conversation evolved around FinTech with examples of ASTRI’s R&D in cybersecurity, block chains, big data analytics.

     

    See the interview with Frank (available in English only).

    Read the transcript (available in English only).

    See the interviews with other leaders from Hong Kong and Singapore (available in English only).