New speech by Kelvin Wong: Speech at the Chinese New Year Cocktail Reception for Financial Services Industry

On March 2, 2026, Kelvin Wong presented a speech titled 'Leaping Forward Together: Regulator-Industry Partnership Powers Financial Centre to New Heights' during the Chinese New Year Cocktail Reception for the Financial Services Industry. The speech, available in Chinese only, was published on the SFC website.

Wong underscored the significance of collaboration between regulators and industry players, asserting that this partnership is essential for fostering innovation, efficiency, and resilience within the financial sector. He emphasized that the synergy between regulatory oversight and industry expertise can yield new opportunities for growth.

Wong highlighted the transformative role of technology in the financial services industry. He stressed the potential of adopting advanced technologies like blockchain, AI, and big data to enhance operational efficiency and introduce new financial services. However, he also cautioned against irresponsible use of these technologies to maintain trust and security.

The speech addressed the challenges faced by the financial sector and the need to tackle them collectively. Wong underscored the importance of regulatory frameworks evolving to keep pace with technological advancements and industry developments. He advocated for a balanced approach that promotes growth while ensuring stability and consumer protection.

In summary, Kelvin Wong's speech underscored the necessity of a cohesive effort between regulators and the financial services industry. He envisioned a future where the city's financial center is fortified through mutual support, a shared vision, and continuous innovation.