[John Lee: Hong Kong Encourages More Investors to Enter the Fintech Sector, Accelerating Innovation and Technological Transformation] BlockBeats News, November 3, Hong Kong Chief Executive John Lee stated during his opening speech at Hong Kong Fintech Week 2025 that Hong Kong currently has over 1,200 fintech companies, a 10% increase compared to last year. It is estimated that by 2032, the total revenue of Hong Kong's fintech industry will exceed $600 billion, with an annual growth rate of over 28%. In the first nine months of this year, the fundraising scale of initial public offerings (IPOs) in Hong Kong has already surpassed $23 billion. Hong Kong's Capital Investment Entrant Scheme will be relaxed to encourage more investors to enter the fintech sector. The city is also exploring tokenization in traditional finance while applying regulatory sandboxes to promote innovation and prudent risk management. Hong Kong is accelerating innovation and technological transformation, focusing on key areas such as artificial intelligence, life and health sciences, and new energy, with the goal of helping emerging industries achieve scaled development and prosperity.