China News Service, Hong Kong, November 3 (Reporter Dai Xiaolu) Hong Kong FinTech Week was held in Hong Kong from 2 to 6, and agent-based artificial intelligence (AI) became a hot topic at this exhibition. In an interview with a reporter from China News Service, many participants said that AI intelligence continues to expand the boundaries of financial services. Hong Kong has clarified regulatory principles in advance and established a clear institutional framework to guide the market in steady innovation, promote the digital transformation of the financial industry, and continue to consolidate the competitiveness of an international financial center. Hong Kong has become a high-quality carrier for the implementation and development of global financial technology.
Industry insiders believe that technological upgrading does not mean completely replacing human functions. Liu Jiaming, executive chairman of Sihong Wealth, said that the value of AI lies in empowerment rather than replacement, and the in-depth combination of "high technology and high touch" is the core of future services. In his view, AI and other cutting-edge technology waves are reshaping the global financial landscape. With its mature, stable and continuously evolving financial technology ecosystem, Hong Kong is not only a gathering place for global capital and technology, but also the forefront of driving the intelligent transformation of the wealth management industry. He said that this Fintech Week once again demonstrated Hong Kong’s strong appeal as a key leading market in global wealth management, attracting AI-native platforms to take root here and radiate into the Asia-Pacific market.
At this exhibition, many exhibitors combined their own businesses to explore trusted technology solutions. Zhao Wenbiao, CEO of Ant Digital, said that the development of enterprise AI is going through three stages: from enterprise access to large models, to agents entering the business, and then to agents entering the organization. "When the number of intelligent agents owned by enterprises continues to increase, how to produce, operate and manage intelligent agents on a large scale will become a new problem." He said that Hong Kong's open innovation ecosystem and ability to integrate with international standards are the best testing ground for cutting-edge technologies. Relying on its overseas headquarters in Hong Kong, Ant Digital will build a global business intelligence super factory here to export proven and trusted AI solutions.
In response to the new changes in the industry brought about by AI, Paul Chan Mo-po, Financial Secretary of the Hong Kong SAR Government, emphasized that financial institutions must bear the main regulatory responsibility for agent-based artificial intelligence. Institutions deploying AI must be responsible for AI behavior. Only by adhering to this principle can AI play a greater and more credible role in financial services.
Leung Fengyi, Chief Executive of the Hong Kong Securities and Futures Commission, said that AI in Hong Kong is developing rapidly and the scale of application is expanding day by day. The Commission will formulate principle-based practical guidelines for AI applications with a higher degree of autonomy, focusing on ensuring market security and adhering to the principles of accountability throughout the entire work process.
A clear, stable, forward-looking and controllable regulatory environment has become an important advantage for Hong Kong in attracting global science and technology innovation resources. Gregoire, an exhibitor from France, said that the global innovation landscape has undergone significant changes. Hong Kong has gathered diverse innovation forces from the Asia-Pacific and European regions, and has an active atmosphere of financial science and innovation. It is the best gateway for foreign investment to enter the Asian market.
Exhibitor Brabham from Singapore also values Hong Kong's institutional advantages. He believes that Hong Kong has both an independent and complete regulatory system and the location advantage of being connected to the Guangdong-Hong Kong-Macao Greater Bay Area. Cutting-edge financial technology and AI governance rules are mostly explored and formulated in Hong Kong, making it a high-quality carrier for the implementation and development of global financial technology.
