Citi Hosts Forum About AI Impact on Finance in Hong Kong
The Hong Kong unit of Citi hosted a forum on artificial intelligence and its impact on the city’s financial sector and broader economy.
Citi Hong Kong co-hosted the «Creating an AI Ready Economy» forum in collaboration with Mastercard and the FinTech Association of Hong Kong (FTAHK), according to a statement.
The event saw over 100 participants, including regulators, financial industry experts and fintech innovators. Its lineup of speakers included officials from the Hong Kong Monetary Authority (HKMA) as well as executives from companies like Accenture, Fano, Google Hong Kong and Mastercard.
Industry Effect
Topics discussed included the future impact of AI on Hong Kong's economy and banking industry, the value of AI for wealth management, and the potential of agentic AI in transforming the banking, investments and financial services. The forum also emphasized responsible AI adoption, balancing innovation with regulatory oversight and consumer protection, and fostering international collaboration.
«Bringing together regulators, financial institutions, and technology innovators is essential to responsibly harness the transformative power of AI,» said FTAHK chair Lareina Wang. «By uniting diverse perspectives, we can accelerate Hong Kong's journey to becoming a leading AI-ready economy, ensuring the city remains at the forefront of financial innovation.»
