Hong Kong FinTech Association Releases White Paper, States Hong Kong's Financial Industry AI Adoption Rate Exceeds Global Average

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Viewpoint News: On April 2, the Hong Kong FinTech Association (FTAHK) released the white paper “Artificial Intelligence in Financial Services: Hong Kong’s Path Forward,” stating that the adoption rate of AI in Hong Kong’s financial services sector is 38%, leading the global average.

According to the introduction, the white paper’s data shows that the application rate in Hong Kong is far higher than the global average of 26%, but it still faces structural challenges such as a shortage of talent and fragmented data infrastructure.

The white paper also sets out a development blueprint for 2030. The goals include achieving an AI application rate of 90% across all financial institutions throughout Hong Kong, and attracting AI-related investment of HK$8 billion to HK$12 billion, in order to consolidate Hong Kong’s leading position as an international financial center.

Disclaimer: The content and data in this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.

(Editor: Dong Pingping )

     【Disclaimer】This article only represents the author’s own views and is not related to Hexun. The Hexun website maintains a neutral stance toward the statements and opinions expressed in the article, and does not provide any express or implied guarantee regarding the accuracy, reliability, or completeness of the content included. Readers are requested to use the information for reference only and assume full responsibility themselves. Email: news_center@staff.hexun.com

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