
The event attracted approximately 1,000 government leaders and financial technology professionals from more than 100 countries and regions.
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The Hong Kong SAR government announced its first five-year plan in September, which aims to provide prospects for businesses and innovators and use the northern metropolitan area to create a new pattern of "finance in the south and innovation and technology in the north".
China News Service, Hong Kong, November 2 (Reporter Dai Xiaolu) Hong Kong Fintech Week opened in Hong Kong on the 2nd. Hong Kong SAR Chief Executive Lee Ka-chiu attended the event and delivered a speech. He pointed out that the event attracted about 1,000 government leaders and financial technology professionals from more than 100 countries and regions, including about 800 exhibitors and start-ups, as well as more than 30 delegations from mainland China and overseas.
Li Ka-chiu said that the SAR government announced Hong Kong’s first five-year plan in September, outlining Hong Kong’s prospects for enterprises, investors and innovators, and helping to seize the huge opportunities brought by national and global development. On the international stage, Hong Kong continues to be ranked as the freest economy in the world. Together with other international achievements, its significance goes beyond the ranking itself and represents investors' confidence. In the next few decades, many important opportunities will come from the northern metropolitan area, creating a new pattern of "finance in the south and innovation and technology in the north" for Hong Kong.
He mentioned that Hong Kong provides a stable investment environment for the business community. In the first nine months of this year, Invest Hong Kong assisted more than 550 overseas and mainland companies to open or expand business in Hong Kong, a year-on-year increase of 14%, involving approximately US$9 billion in foreign direct investment, and creating approximately 11,100 jobs in the first year.
This exhibition brings together a number of financial technology institutions from mainland China to showcase a number of innovative achievements. Financial technology company Du Xiaoman, the Hong Kong University of Science and Technology and the Hong Kong Generative Artificial Intelligence Research and Development Center (HKGAI) jointly released the Xuanyuan 4.5 financial enhancement model. Zhu Guang, CEO of Du Xiaoman, said that this is the industry's first large-scale financial enhancement model based on RSI (self-evolution) technology. He hopes to implement Xuanyuan 4.5 technology to financial institutions around the world to make finance more inclusive and open up more markets.

Wilson, chief U.S. stock strategist at Morgan Stanley, pointed out that although mid-term elections, AI spending pressure and liquidity restrictions may lead to a short-term correction in the S&P 500 index, historical data shows that the market usually goes higher after the election. Investors are advised to buy on dips and are optimistic about the S&P 500 at 8,000 points.

The Hong Kong Stock Exchange announced that its derivatives clearinghouse will accept eligible RMB bonds as non-cash collateral from now on. On the first day, a total of seven institutions submitted bonds with a total value of more than RMB 400 million, aiming to improve the efficiency of market liquidity management and consolidate Hong Kong's status as an offshore RMB center.

China's stock market has lost $3.5 trillion since its peak in May, as young investors turned their losses into Halloween costumes. Decorations with the theme of plummeting K-line charts, leeks, and "stay away from fraudulent markets" appeared in places such as Hangzhou and Shenzhen, reflecting retail investors' fear and helplessness over the violent fluctuations in the A-share market.

The China Finance Forty Forum (CF40) released the macro policy report for the third quarter of 2026. The report pointed out that with the release of about 700 billion yuan of policy financial instruments in the fourth quarter, the growth rate of broad fiscal expenditures is expected to improve, and the construction of computing power networks and underground pipeline networks will become a key direction to stimulate domestic demand.

Wanchen Group issued an announcement on November 2 saying that it received a "Notice of Filing" from the China Securities Regulatory Commission due to suspected failure to timely perform its temporary information disclosure obligations on related transactions. The company stated that the current operating order is stable and relevant matters have been rectified.

Beijing-based Empyrean Technology announced a 218.8 million yuan (US$33 million) deal to acquire a 50.38 per cent stake in Shenzhen-based chip design tool developer Easy-Logic Technology.