Albert Wong, CEO of HKSTP (left) and Jennifer Tan, the Executive Vice President of Strategy Development and Government Affairs, GBA of Ant Group (right).

How HKSTP and Ant Group plan to support fintech startups

The companies' joint initiative will provide venue and logistics support for startups.

The Hong Kong Science and Technology Parks Corporation (HKSTP) and Ant Group joined hands in a bid to help startups take their ideas to the market.

Under the joint initiative, HKSTP will provide venue and logistics support, and facilitate discussions with promising startups in its roster of over 1,000 tech-driven ventures participating in incubation programmes.

Ant Group, for its part, will provide business insight and practical resources, such as platform access for proof-of-concept testing and the possibility of equity investment.

To kick off the initiative, online meetings and mutual visits with Ant Group executives will be held to discuss potential business opportunities.

The companies said they are also eyeing to hold industry showcases in the future.

HKSTP CEO Albert Wong said their partnership with Ant Group will “usher a wave of new fintech opportunities and innovation for entrepreneurs in the GBA and beyond.”

“By sharing and leveraging Ant Group’s operational experiences in Chinese mainland coupled with its well-established ecosystem, we can assist local or foreign next-gen FinTech startups to set foot in the GBA, which is in line with the ‘GBA InnoExpress’ programme promoted by HKSTP. Meanwhile, riding on our overseas investments, we can also help entrepreneurs to go global, especially in the ASEAN region,” added Tan.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!