Group 1 - The "Hong Kong FinTech Week x StartmeupHK Festival 2025" took place from November 3 to November 7, focusing on the "FinTech 2030" vision outlined by the Hong Kong Monetary Authority (HKMA) [1] - The HKMA's vision emphasizes four key areas: data and payment infrastructure, artificial intelligence, business and technological resilience, and financial tokenization, collectively referred to as "DART" [1] - The transition to "FinTech 3.0" is highlighted, aiming to integrate technology into daily life with a focus on trust, transparency, and intelligence [1] Group 2 - The Hong Kong Securities and Futures Commission (SFC) is considering expanding the licensing scope for virtual asset service providers to include advisory and management services [2] - A new custody regime will focus on how licensed institutions manage private key risks, with the SFC planning to license only the most robust institutions to ensure ecosystem security [2] - Franklin Templeton's CEO predicts that the next wave of large enterprises will emerge in the fields of artificial intelligence and crypto innovation, emphasizing the need for enterprise architecture transformation [2] Group 3 - The event attracted over 45,000 participants from more than 120 economies, featuring over 1,000 speakers and more than 800 exhibitors, marking a historical high [3] - The festival was co-hosted by various Hong Kong government bodies, including the Financial Services and the Treasury Bureau, and the Commerce and Economic Development Bureau [3]

Core Viewpoint - The Hong Kong Monetary Authority (HKMA) has unveiled the "FinTech 2030" blueprint aimed at establishing Hong Kong as a resilient and future-oriented financial technology hub, leading into the era of FinTech 3.0 [1] Group 1: Key Pillars of "FinTech 2030" - The initiative focuses on four main pillars, collectively referred to as "DART," which includes over 40 specific projects [4] - The first pillar involves building a new generation of data and payment infrastructure to support secure, efficient, and scalable data sharing, enhancing cross-border payment connectivity, and creating new opportunities for businesses and citizens [4] - The second pillar emphasizes the comprehensive application of artificial intelligence (AI) in the financial sector, with the introduction of a new "AI2" strategy to promote responsible AI use and enhance banking services [4] Group 2: Resilience and Tokenization - The third pillar aims to strengthen business and technological resilience, preparing for the quantum computing era by establishing new cybersecurity certification frameworks and real-time analysis systems [5] - The fourth pillar focuses on promoting the tokenization of real-world assets, with HKMA leading by example in tokenizing government bonds and exploring the feasibility of foreign exchange fund notes and bond tokenization [5] Group 3: Current Landscape and Future Projections - The HKMA's Ensemble project sandbox allows companies to test innovative products and services in a controlled environment, facilitating the exploration of blockchain-based financial market infrastructure [6] - The financial technology sector is deeply integrated into most banking areas in Hong Kong, with an expected annual investment of HKD 100 billion over the next three years [6] - Currently, there are over 1,200 fintech companies in Hong Kong, with a year-on-year increase of 12%, and projected total revenue for the fintech industry to exceed USD 600 billion by 2032 [6]