HK’s fintech body eyes bigger plans in Greater Bay

Hong Kong’s FinTech Association (FTAHK) is expanding its role within the Greater Bay Area (GBA), seeking to strengthen ties with Shenzhen’s fintech community. Under the leadership of new chair Lareina Wang, the association aims to leverage the GBA’s growing opportunities and the cross-border investment Connect schemes to enhance collaboration and influence. FTAHK is planning joint events with Shenzhen counterparts, including a visit to Huawei’s R&D institute in Dongguan. The association, which has seen rapid growth, is also focused on attracting more mainland Chinese members, offering more events in Mandarin, and launching a WeChat account to better connect with the GBA fintech ecosystem. The association’s efforts align with broader governmental initiatives to facilitate fintech development in the region, including a pilot trial for cross-border credit checks between Hong Kong and Shenzhen. Wang’s leadership marks a continued push to position Hong Kong’s fintech sector as a global player with deep regional ties, SCMP noted in a report this week.