Hong Kong told to focus on fintech and cybersecurity by govt advisory

Image Source: Article

Image Source: Article

Hong Kong should focus on developing cybersecurity and payments technology to close the gap with international rivals in fintech and remain relevant as a global financial hub, a government advisory panel said on Tuesday.

The financial services industry makes up about a fifth of Hong Kong’s economy and employs six percent of its workforce, making it critical for the city to keep up with fintech.

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