Hong Kong's Fintech Sector Thrives Amid Tokenization Growth

According to Foresight News, during a keynote speech at the 2025 Hong Kong Web3 Carnival, Hong Kong's InvestHK Fintech Head, Leung Hon Ching, highlighted the city's robust fintech landscape. Hong Kong is home to over 1,100 fintech companies and ranks among the global leaders in asset management. Leung noted the significant growth in the tokenization market, now valued at hundreds of billions of dollars, driven by the entry of major traditional institutions. To support this burgeoning sector, the Hong Kong Monetary Authority has introduced a regulatory sandbox. This initiative covers areas such as asset management, supply chain finance, fund management, and sustainable finance, aiming to foster innovation and ensure regulatory compliance.