TENCENT(HK:00700) Zhong Guo Ji Jin Bao·2025-11-09 14:36Core Insights - Hong Kong is emerging as a key hub for financial technology, facilitating the expansion of mainland Chinese fintech companies into global markets [2][5][6] Group 1: Event Overview - The "Hong Kong Fintech Week x StartmeupHK Festival 2025" took place from November 3 to 7, attracting over 700 institutions and 37,000 participants from more than 100 economies to discuss the integration of advanced technologies like AI and green tech with financial services [2] - Major fintech players such as Tencent and Ant Group showcased their latest innovations during the event [3] Group 2: Participation and Representation - Shenzhen sent the largest delegation to the event, with a significant increase in participation compared to previous years, highlighting its status as a leading fintech hub [4] - Notable companies from Shenzhen, including WeBank, presented their advancements in technology and inclusive finance [4][7] Group 3: Global Expansion Strategies - Ant Group is intensifying its investment in Hong Kong as a strategic base for global market outreach, establishing a comprehensive service system for cross-border e-commerce and financial services [5][6] - Tencent Cloud is also leveraging Hong Kong as a launchpad for its international expansion, providing digital solutions to nearly 400 financial clients across various regions [6] Group 4: Collaborative Efforts and Market Reach - WeBank plans to establish its Hong Kong headquarters as a global sales and innovation center, aiming to expand its services to markets in Southeast Asia [7] - Other fintech companies, such as Baolian Technology, are forming partnerships with established firms in Hong Kong to enhance their service offerings [7]