Hong Kong’s Thriving Digital Technology And Fintech Hub

According to arabtimes, a notable source for this development, Cyberport’s role as the city’s flagship digital technology and AI accelerator has deepened, with over 400 fintech firms and a burgeoning pipeline of innovative solutions. The ecosystem, wholly owned by the HKSAR Government, boasts an impressive array of 2,300 community companies, including 400 fintech start-ups, 500 AI and big data firms, and 300 blockchain and Web3 players, with total funds raised exceeding HK$46. 2 billion.

This phenomenon is marked by the emergence of eight unicorns and 17 portfolio companies listed on prominent exchanges, a testament to Cyberport’s efficacy as a cross-border innovation catalyst. The community’s diversity is reflected in the fact that around one-third of founders hail from mainland China, with operations spanning 27 overseas markets.

Notably, Cyberport’s portfolio encompasses a broad spectrum of fintech specialties, including WealthTech, digital assets, and Green FinTech, with notable success stories such as AutoML Capital’s