Hong Kong Economic and Trade Office (Toronto)

The Hong Kong Economic and Trade Office (Toronto) (HKETO) participated in two international fintech events held in Toronto recently — the Blockchain Futurist Conference and Consensus 2025 — to promote Hong Kong as Asia’s leading hub for fintech and Web3 innovation.

Mr Gavin Yeung, the Acting Director of HKETO, remarked that Hong Kong is fast emerging as one of the most attractive global fintech hubs. “In the first half of 2024, among the top 10 fintech deals in the Asia-Pacific region, two were in Hong Kong. Many fintech and tech startups around the world have shown keen interest in establishing a presence in our city, thanks to its open and diverse environment, pro-innovation regulatory regime, deep talent pool, and role as a connector between Mainland China and the rest of the world.”

He added that Hong Kong is now home to over 1 100 companies specialising in AI, Web3, blockchain and other innovation tech applications. It underscores the city’s rising status as a preferred base for global startups seeking to enter the Asian market.

At the Blockchain Futurist Conference on May 13, a dedicated Hong Kong booth was set up by Invest Hong Kong (Canada) (InvestHK) to showcase the city's robust fintech ecosystem, regulatory strengths, and government-backed support for startups and global enterprises.  Distinguished speakers, including Chief Representative (New York & London Office) of Hong Kong Monetary Authority Anson Law and Head of Investment Promotion of InvestHK Christopher Chen, shared their insights at a workshop entitled “Hong Kong: Becoming a Fintech Superpower”.  Besides, Yat Siu and Evan Auyang, Co-Founder and Group President of Animoca Brands respectively, also joined a seminar at the Consensus 2025 on May 15 to share their insights on the development of Asia (including Hong Kong)’s Web3 and digital asset landscape.

The HKETO will continue to promote Hong Kong’s fintech opportunities and foster greater collaboration between Hong Kong and Canada in the field of innovation through international events and strategic partnerships.