ChainCatcher news, the Global President of the Hong Kong Invest Hong Kong (Financial Services and Technology, Sustainable Development) Liang Hanjing stated that in the first eight months of this year, the Invest Hong Kong has assisted 59 fintech companies in establishing or expanding their businesses in Hong Kong, an increase of 44% compared to the same period last year. These 59 companies come from 12 economies, with 40% from mainland China, and the rest from the United States, France, Singapore, Canada, and the United Kingdom.In recent years, several sectors of the Hong Kong fintech industry have seen a significant number of companies opening in Hong Kong, such as digital assets, blockchain, and Internet 3.0. This year, a powerful digital bank from mainland China established a fintech subsidiary in Hong Kong and set up its international headquarters there to expand its business globally.

ChainCatcher news, the Hong Kong Invest Hong Kong stated that the response to the new Capital Investment Entrant Scheme has been enthusiastic since its launch on March 1. As of the 13th of this month, over 500 applications and more than 5,000 inquiries have been received, with an expected investment amount of over HKD 15 billion for Hong Kong. Among these, 448 applications have been verified to meet the net asset requirements, meaning the applicants have proven to possess a net asset of no less than HKD 30 million in the two years prior to submitting their applications; 47 applications have been verified to meet the investment requirements, indicating that the applicants have completed an investment of HKD 30 million in Hong Kong within the six-month deadline. The Director of Invest Hong Kong, Liu Kaixuan, stated that the increase in application numbers for the "new scheme" reflects the confidence of high-net-worth individuals in Hong Kong, attracting experienced businessmen and innovative entrepreneurs, thereby enhancing the development advantages of Hong Kong's asset and wealth management industry. (Hong Kong Government News)

ChainCatcher news, the Hong Kong InvestHK and the Swiss Crypto Valley Association (CVA) have signed a Memorandum of Understanding (MoU). The agreement was signed on June 6, 2024, aiming to strengthen cooperation, particularly in the areas of blockchain and cryptocurrency technology.The agreement also aims to regularly provide the latest market information to companies in Hong Kong and Switzerland, encourage business development in key sectors, and promote bilateral investment through business delegations and investment promotion activities. The Memorandum of Understanding is an important step towards enhancing the interconnectedness of the global fintech ecosystem.

ChainCatcher news, Terry, Senior Manager of the Hong Kong Invest Hong Kong, stated in an interview with IQ Times: "Although my department will not launch a public blockchain, the Hong Kong government is considering creating a public blockchain specifically for Hong Kong, which is still in the planning stage. If this plan is realized, global participants will be able to use this public blockchain."