Greater Bay Fintech Talent Initiative launched in partnership with Hong Kong Monetary Authority, Bloomberg and Hong Kong United Youth Association

by James · July 18, 2022

Innovative initiative backed by more than 20 of Hong Kong’s leading financial institutions to help expand technology talent in Greater Bay’s $ 1.6 trillion economic zone and raise southern China’s unique economic opportunities

Hong Kong – WEBWIRE – Monday, July 18, 2022

The Hong Kong Monetary Authority (‘HKMA’), Bloomberg and the Hong Kong United Youth Association (‘HKUYA’) today launched an innovative new initiative aimed at bridging a potential gap in technological skills in Hong Kong. With the Greater Bay Area (‘GBA’) aiming to bring the economic area of Southern China closer together, this initiative is designed to accelerate local talent development and equip students with relevant skills and knowledge for a digitally integrated financial region.

In addition to HKMA, as a convening partner, and Bloomberg and HKUYA as organizing partners, more than 20 companies support the initiative by providing students with technical training, networking opportunities and tailored mentorship. These will also be conducted by business partners to help students prepare for a successful career in financial technology.

“To capture the enormous potential of fintech development and the GBA, adequate talent support in the region will be indispensable,” said Eddie Yue, CEO of the Hong Kong Monetary Authority. “Under our multifaceted ‘Fintech 2025’ strategy, HKMA has played a key role in nurturing young and innovative fintech talent in Hong Kong. As a founding partner, we are pleased to witness and support the launch of this initiative, which reflects our vision of cultivating full-fledged fintech talent. ”

“We expect GBA integration to drive rapid growth in digital and financial jobs in the coming years, especially in Hong Kong,” said Alex Yeung, chairman of the Hong Kong United Youth Association. “Hong Kong’s role as a leading international financial hub is crucial to GBA’s growth and development, and we expect Hong Kong talent to be among the most sought – after candidates for new Fintech roles. We welcome the participation of so many of Hong Kong’s leading institutions in this initiative, and we are proud to work with HKMA and Bloomberg to support Hong Kong youth. ”

This initiative is part of Bloomberg’s global Corporate Philanthropy program, which collaborates with a network of non-profit partners to ensure that more individuals from underserved communities have relevant skills and experience for employment and entrepreneurship.

“Bloomberg has always sought practical ways to have a positive impact on the communities in which we operate,” said Bing Li, Asia-Pacific CEO of Bloomberg. “This special initiative speaks to our unique ability to bring together Hong Kong’s financial community and give them the opportunity to share their expertise with local students through our philanthropic engagements. We look forward to seeing the positive impact as these students embark on an exciting career. in technology and finance in the GBA. “

Summoning partner:

Hong Kong Monetary Authority

Organizing partners:

Bloomberg LP

Hong Kong United Youth Association

Strategic partner:

Development Council for Financial Services

Business partners:

Ant group

Bank of America

Bank of China (Hong Kong) Limited

China Guangfa Bank Co., Ltd. Hong Kong Branch