Core Insights - HSBC Technology China has evolved from a 16-person IT team to a global technology center, showcasing the growth of fintech in China and the collaboration between foreign enterprises and local cities [2][4][6] Group 1: Company Growth and Development - HSBC Technology China was established as an independent company in 2006, initially providing IT support for HSBC's operations in Hong Kong, and has since expanded to multiple cities including Xi'an, Shanghai, and Shenzhen [6][10] - The company has become a key support for HSBC's global operations, leveraging local city characteristics for its growth [6][10] Group 2: Technology and Innovation - HSBC Technology holds over 130 intellectual properties, including more than 60 domestic and international invention patent applications, and has achieved significant certifications such as CMMI L3 and ISO20000 [7][9] - The company has developed a blockchain payment project that enables real-time cross-border payments among HSBC banks in Hong Kong, Singapore, the UK, and Luxembourg, reducing transaction times to an average of 30 seconds, significantly faster than the SWIFT system [7][9] Group 3: Talent Development - HSBC Technology emphasizes talent cultivation through partnerships with top universities, establishing joint training bases for undergraduate and graduate students [10][11] - The company plans to recruit a large number of fresh graduates in software engineering, data analysis, and cybersecurity over the next two years to support its growth and digital transformation [11][12] Group 4: Future Directions - HSBC Technology aims to strengthen its roots in China while enhancing cooperation with government, universities, and enterprises to boost innovation and digital service capabilities [12] - The strategic focus includes investing in emerging technologies such as AI, quantum computing, and blockchain to upgrade financial services towards greater efficiency, security, and inclusivity [12]