1. Why is the approval rate for finance and technology talent so high?

Hong Kong is a financial, international trade, and logistics center in the Asia-Pacific region, creating a strong demand for talent in fintech and blockchain fields. Additionally, Hong Kong hosts about 4,000 regional headquarters and offices, with over 600 fintech companies operating here, covering multiple emerging fields such as blockchain, payments, insurtech, and regtech.

The development of these companies and technologies has made Hong Kong a crucial hub for international data flow.

According to the latest "Global Financial Centers Index," Hong Kong is ranked the 4th largest financial center globally and has also achieved significant accomplishments in fintech, being listed as one of the top 10 most dynamic fintech centers worldwide. Over 800 fintech companies are based here, indicating a thriving fintech ecosystem.

  • Therefore, Hong Kong urgently needs more fintech talent, especially in areas such as distributed ledger technology, artificial intelligence, big data, and cybersecurity, to strengthen its position as an international financial center.
  • As a result, fintech is a rapidly growing industry with immense potential. To attract high-tech and skilled talent to Hong Kong and contribute to its development, fintech specialists have been included in the Hong Kong Talent Scheme’s talent list.

2. Subdivisions in the Finance and Technology Industries

Big Data Analytics: Specializes in handling large datasets; uses machine learning, statistical methods, data mining, optimization techniques, and AI to meet business needs; develops and applies statistical tools to build predictive models to support client and operational needs.

Artificial Intelligence: Research on algorithms, the application of AI across industries such as smart cities, smart communities, smart transportation, smart buildings, smart homes, smart education, and smart tourism.

Fintech: A series of technological innovations such as big data, cloud computing, AI, and blockchain applied in the six major financial sectors, including payments, lending, wealth management, retail banking, insurance, and settlement.

Internet of Things (IoT)/Internet Technology: The IoT is an extension and expansion of the internet, forming a massive network by connecting various information sensors with the internet, enabling connectivity between people, machines, and things at any time and place.