The Hong Kong Monetary Authority (HKMA) and Invest Hong Kong today co-hosted the 2026 Hong Kong FinTech Week. During the event, the HKMA announced several new initiatives aimed at strengthening Hong Kong's FinTech capabilities and benefiting businesses and individuals.

Specific measures include: collaborating with Cyberport to launch tConnect Launchpad to explore and validate innovative use cases and accelerate the adoption of tokenization in Hong Kong; and accelerating the connection of the Faster Payment System (FPS) with UnionPay International (UPI) by the end of this year, gradually enabling users to make QR code payments at over 100 million merchants in Hong Kong, mainland China, and more than 40 overseas markets. HKMA Chief Executive Eddie Yue stated that Hong Kong has new growth opportunities in the FinTech sector and will continue to promote responsible innovation and sustainable development.