Company News - 14 September 2018

Carrie Lam attended Hong Kong Fintech Week launch ceremony; Calvin Choi, Chairman and President of AMTD Group, the exclusive strategic partner of Hong Kong Fintech Week, was also invited as the officiating guest

On 12th September, the launch ceremony of the highly anticipated annual Hong Kong Fintech Week was held officially. Carrie Lam, the Chief Executive of Hong Kong SAR; Joseph Chan, Under Secretary for Financial Services and the Treasury; Stephen Phillips, Director-General of Investment Promotion at InvestHK; Howard Lee, Deputy Chief Executive of the HKMA; Annie Choi, Commissioner for Innovation and Technology; Julia Fung, the Executive Director (Intermediaries) (ED(INT)) of the Securities and Futures Commission (SFC) and Deputy Chief Executive Officer of SFC; Carol Hui, Executive Director (Long Term Business) of Insurance Authority; Dr Toa Charm, Chief Public Mission Officer of Hong Kong Cyberport; Peter Yeung, Head of Electronics & ICT Clusters, Smart City Platform, Hong Kong Science and Technology Parks Corporation; Hugh Chow, the Chief Executive Officer of ASTRI and many other Hong Kong SAR Government officials attended the launch ceremony. Calvin Choi, Chairman and President of AMTD Group, the exclusive strategic partner of Hong Kong Fintech Week, was also invited to attend the event as the officiating guest.

Carrie Lam, the Chief Executive of Hong Kong SAR (5th left); Calvin Choi, Chairman and President of AMTD Group, the exclusive strategic partner of Hong Kong Fintech Week (4th left); Hung Mun Sheung, Chief Information Officer, Hong Kong Information Technology & Operations of Standard Chartered Bank (Hong Kong) Limited (4th right); Jim Lai, Vice President of Tencent (3rd left); Angel Ng Yin-yee, Chief Executive for Hong Kong & Macau of Citibank (3rd right); Charles Ng, Associate Director-General of Investment Promotion at InvestHK (2nd left); Charles d’Haussy, Head of Fintech at InvestHK (2nd right); Henri Arslanian, Chairman of Fintech Association of Hong Kong (1st left) and Anthony Sar, Founder & CEO of FINNOVASIA (1st right)

Hong Kong Fintech Week 2018, which was organized by InvestHK, jointly supported by HKMA, SFC, Insurance Authority and HKEx, cooperated with AMTD Group as an exclusive strategic partner, sponsored by Standard Chartered Bank and Citibank, partnered with Tencent in Fintech of the Greater Bay Area and contracted by Finnovasia, will be held in Hong Kong Convention and Exhibition Centre from 29th Oct to 1st Nov, and will also be moved to Shenzhen on 2nd Nov. Topics of the event this year include virtual banks, corporate blockchain, digital payment, AI, RegTech, Insurtech, Wealthtech and cyber security, etc. Regulatory bodies, investors, scholars and more than 200 founders of top Fintech companies worldwide will join this event together with some 8000 executives and professionals in both cities.

Carrie Lam, the Chief Executive of Hong Kong SAR (5th left); Stephen Phillips, Director-General of Investment Promotion at InvestHK (4th left); Joseph Chan JP, Under Secretary for Financial Services and the Treasury (5th right); Howard Lee, Deputy Chief Executive of the HKMA (3rd left); Annie Choi, Commissioner for Innovation and Technology (4th right); Peter Yeung Head of Electronics & ICT Clusters, Smart City Platform, Hong Kong Science and Technology Parks Corporation (2nd left); Julia Fung, the Executive Director (Intermediaries) (ED(INT)) of the Securities and Futures Commission (SFC) and Deputy Chief Executive Officer of SFC (3rd right); Hugh Chow, Chief Executive Officer of ASTRI (1st left); Carol Hui, Executive Director (Long Term Business) of Insurance Authority (2nd right) and Dr Toa Charm, Chief Public Mission Officer of Hong Kong Cyberport (1st right)

In the launch ceremony, Carrie Lam, the Chief Executive of Hong Kong SAR, gave an opening speech which stated that the SAR Government has targeted Fintech as a key technology area to focus on. Fintech can assist Hong Kong to consolidate its leading position of an international financial centre and foster Hong Kong to be a competitive economy body. Hong Kong SAR Government is determined to make Hong Kong become a Fintech centre to conglomerate wealth.

“The Fintech developments we have seen in Hong Kong are phenomenal. They reflect the dynamic nature of the city and our strategic advantage of being right at the doorstep of China’s vibrant Fintech scene.” said Stephen Phillips, the Director-General of Investment Promotion at InvestHK. Nelson Chow, the Chief Fintech Officer of the HKMA; Clara Chiu, the SFC's Director of Licensing and Head of Fintech unit and Intermediaries; Tony Chan, Associate Director of Policy and Development Division of Insurance Authority and Charles d’Haussy, Head of Fintech at InvestHK, also gave speeches in the event.

In the launch ceremony, Calvin Choi, Chairman & President of AMTD Group, said that AMTD was proud to be the exclusive strategic partner of Hong Kong Fintech Weekto support and promote the development of Hong Kong Fintech industry. AMTD is always dedicated to devoting itself to the prosperity and innovative development of Hong Kong. Early this year, AMTD held the first Hong Kong Night for the first time in the history of World Economic Forum Annual Meeting in Davos, which showcased the flourishing, innovative, energetic development achievements of Hong Kong in the international platform. Meanwhile, after co-organizing the world’s largest Fintech event, Singapore Fintech Festival 2017, with Monetary Authority of Singapore last year, AMTD worked together with local government once again to co-organize Fintech event. As a Hong Kong leading comprehensive financial institution, AMTD is always dedicated to facilitating long term development of Hong Kong and global Fintech market, especially on the Greater Bay Area. Also, AMTD proactively embraces the transformation brought by Fintech. By investing in innovative Fintech entities, training up talents in Fintech and promoting Hong Kong as a “super-connector” in global events like World Economic Forum Annual Meeting, AMTD is assisting Hong Kong to raise its global Fintech market position worldwide.

AMTD emphasizes on the power of technology innovation and transformation and is dedicated to acting as the “super-connector” between technology and capital, bridging to facilitate cooperation between global leading Fintech companies, Internet technology companies and Asia capital markets. In the past two years, AMTD organized several Fintech related forums and events to promote technology enhancement and innovation. These events include the world’s largest Fintech event, Singapore Fintech Festival 2017, co-organized with Monetary Authority of Singapore; the AMTD-Lendit Global Fintech Investment Summit which was held in Hong Kong for two consecutive years, and the FinTALKS CEO Summit which was held in Hong Kong, Taipei and Singapore and was co-organized with Dianrong, FinEx Asia and UOB. Also, AMTD and The Hong Kong Polytechnic University co-established the AMTD Fintech Centre of PolyU Faculty of Business. AMTD has also set up University of Waterloo-AMTD Innovation Hub with the University of Waterloo to promote Waterloo.ai Alpha project.

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