According to reports from Dongwang, Hong Kong’s Deputy Secretary for Financial Services and the Treasury, Chen Haolian, attended a Bloomberg Businessweek event and said that the number of companies related to the financial technology ecosystem in Hong Kong has exceeded 800, and their businesses cover mobile payment, cross-border wealth management, and artificial intelligence finance. Service consulting, wealth and investment management, compliance technology and other fields, including 8 licensed virtual banks and 4 licensed virtual insurance companies. In addition, Chen Haolian also encouraged the local fintech industry to expand its business to other regions, and announced that this year's Hong Kong Fintech Week will be held from October 30 to November 5.