As Hong Kong (HK) deepens its commitment to boosting the digital economy, this year’s Hong Kong FinTech Week will expand its scale and influence across the city’s innovation scene as the flagship event marks its 10th anniversary.

Running from Nov 3-7, FinTech Week will take place alongside the StartmeupHK Festival 2025, providing a dedicated platform for the global technology industry and startup community to connect, share ideas, and explore new opportunities.

The events are expected to draw over 37,000 participants, including tech leaders, policymakers, entrepreneurs, and investors, and feature more than 700 exhibitors from over 100 economies.

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Alpha Lau Hai-suen, director-general of InvestHK, said at a news conference on Friday that the events will welcome over 30 delegations from the Chinese mainland and overseas. They include leading Chinese mainland tech hubs, such as Beijing and Shenzhen, seeking “go global” opportunities through Hong Kong, as well as traditional markets in Western Europe and the United States that want to tap into Asia's growth.

The head of the government’s investment promotion arm added that several delegations from emerging markets, such as the Middle East, Southeast Asia, and Central Europe, will also join the events that she said could drive “tangible two-way investment flows”.

Themed “Curating the New Fintech Era", FinTech Week will spotlight cutting-edge technologies, including artificial intelligence, Web3, blockchain, digital payments and banking. Eleven subforums covering areas such as health technology, “insurtech” (the combination of insurance and technology), and innovations in China and beyond will be held during the main conference over the first two days of the event.

Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said FinTech Week will demonstrate how the special administrative region is leveraging technological convergence to elevate the economic impact of fintech and innovation on a global scale.

Hong Kong was ranked as the world’s top fintech hub on the latest Global Financial Centres Index, issued by British think tank Z/Yen and the China Development Institute. With over 1,100 fintech companies currently operating in the city, the sector is projected to create total revenue of $606 billion by 2032, Hui said.

He said the SAR government will continue to enhance the city’s financial infrastructure, and explore integrating fintech with the real economy.

Also speaking at the news conference was Secretary for Commerce and Economic Development Algernon Yau Ying-wah, who said Hong Kong is the “right place” for startups to grow and scale.

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“Apart from the favorable business environment in Hong Kong, the startups here are supported by a strong network of incubators and accelerators, a pool of experienced angels and venture capitalists, a host of government-backed programs, and a welcoming business community,” he said.

“We will continue to focus on assisting high-potential unicorns and scale-ups worldwide across various sectors to grow.”

In 2013, InvestHK launched the StartmeupHK initiative, with the aim of helping founders of innovative and scalable startups from overseas to establish or expand their businesses in Hong Kong. Last year, the number of startups in Hong Kong grew to about 4,700, nearly three times the 1,600 a decade earlier, Yau said.

Contact the writer at gabylin@chinadailyhk.com