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Hong Kong seeks to lure global fintech, ESG talent with cash grants and easy immigration, minister says

  • The Hong Kong government will dedicate resources to develop much needed local ESG talent, Secretary for Financial Services and the Treasury Christopher Hui says
  • A new round of cash grants totalling US$1.3 million is up for grabs for fintech start-ups from September 10

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The Hong Kong government, which is keen to develop its fintech and ESG sectors, is tempting global talent with a slew of incentives. Photo: Felix Wong
Hong Kong is rolling out the red carpet to attract overseas talent in fintech and ESG.

The government plans to offer cash subsidies and ease immigration requirements to support the city’s development into a high value-added and diversified economy, said Secretary for Financial Services and the Treasury Christopher Hui Ching-yu.

At the same time, the government will dedicate resources towards developing local ESG talent by providing them with the requisite training to acquire the necessary knowledge and skills, he added.

“Over the past few months, we have sequentially introduced various types of enhancements to our quarantine rules to offer more ease to travellers, and also to offer more ease for people in Hong Kong to go about their lives,” Hui said in an interview.

Christopher Hui Ching-yu, the Secretary for Financial Services and the Treasury. Photo: K.Y. Cheng
Christopher Hui Ching-yu, the Secretary for Financial Services and the Treasury. Photo: K.Y. Cheng

Hong Kong and China are among the last remaining places that continue to maintain compulsory coronavirus quarantine restrictions for visitors. Last month, the city cut the hotel quarantine requirement from seven days to three.

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