余伟文：香港独特地位获全球投资者信任 多元化配置下优势明显

Core Insights - The Hong Kong Monetary Authority (HKMA) reported a 13% growth in Hong Kong's asset management scale to approximately $4.5 trillion, with private wealth management growing by 15%, indicating a sustained growth trend due to increasing wealth in Asia and a fragmented geopolitical landscape seeking diversified asset allocation [1][1][1] Group 1 - Hong Kong's unique position as part of China and the global financial system enhances its ability to gain trust from global investors, including those from the mainland [1][1] - The HKMA has been proactive in areas such as central bank digital currencies, tokenization, and artificial intelligence applications, which are beneficial for the development of wealth management in Hong Kong [1][1][1] Group 2 - The HKMA launched a generative AI sandbox last year, emphasizing the importance of accuracy, consistency, and interpretability in AI technology usage within the industry [1][1] - Collaboration with organizations like the BIS Innovation Hub and the UK's Financial Conduct Authority (FCA) on the Noor project aims to develop explainable AI tools for banks, with a prototype expected to be released next year [1][1] - The HKMA plans to further collaborate with Cyberport next year to establish AI infrastructure, providing computing power, data ecosystems, and data analysis tools to benefit smaller institutions across various industries [1][1][1]