Svmuu News Hong Kong Financial Secretary Chan Mo-po stated in a speech at the 2026 Hong Kong FinTech Week that Hong Kong will establish an AI committee and formulate an industry development strategy. Chan Mo-po pointed out that the intersection of AI and Web3 will be a game-changer, and digital asset tokenization is being used by financial institutions to improve efficiency and reduce costs. Hong Kong has issued multiple rounds of tokenized green and infrastructure bonds totaling over USD 2 billion and is piloting tokenized deposit applications through the Ensemble project. Chan Mo-po emphasized that Hong Kong adheres to a balanced and forward-looking regulatory system in the field of AI, supporting innovation while ensuring humans remain in control, and paying attention to cybersecurity and fraud risks. Currently, Hong Kong is in a phase of accelerated 5G and AI development, committed to becoming a hub for the research, development, and application of new-generation technologies.