Yet more backing has emerged for the burgeoning Fintech sector as Hong Kong Exchanges and Clearing Limited (HKEx) have announced that it has become a Supporting Organisation of the SuperCharger Accelerator, Hong Kong's first programme dedicated to helping both start-ups and more established financial technology, or FinTech, companies aiming to capture opportunities in Asia's growing markets.
The programme leverages on Hong Kong's traditional strength as Asia’s finance and technology gateway. The historic opening-up of China’s capital markets offers tremendous opportunities for Hong Kong across multiple asset classes, and HKEx has been setting the pace with unique and innovative solutions such as Shanghai-Hong Kong Stock Connect.
As the core infrastructure operator of Hong Kong's financial markets, HKEx touches almost every aspect of the trade life-cycle, from listing, trading and the distribution of market data to clearing and settlement. The SuperCharger Accelerator will allow HKEx to share knowledge and explore collaboration with some of the leading creative minds in FinTech.
"Harnessing the vibrant creativity that Hong Kong's start-up community offers is hugely important to our future," said Charles Li, Chief Executive of HKEx. "We are excited to be partnering with the SuperCharger Accelerator and look forward to working together with its participants over the coming months, and we hope beyond."
The SuperCharger Accelerator programme will run from 11 January to 8 April 2016. The deadline for applications is 20 November 2015.