香港金融發展局2025-26年報

CONTENTS 2-3The Flow of Capital4-5Industry Connection and Engagement6-7Strengthen Global Connectivity8-9Impactful Foundation10-11Capacity Building12-13Leadership Perspectives14-17Chairman’s Message18-20Message from Executive Director21FSDC Mission22Governance & Stewardship23Board and Committee Oversight24-25Board Membership26-31Committee Membership32-33Advisory Group Membership34Strategic Priorities in Action35-38Policy Research & Thought Leadership39-47Market Engagement & International Connectivity48-51Stakeholder Engagement & Convening52-54Talent Engagement55-65Executive Thought Exchange66Impact & Value Created67-99Policy & System Impact100-102Institutional Impact103-125Hong Kong Academy for Wealth Legacy126-140Directors’ Report141-182Consolidated Financial Statements THE FLOW OF CAPITAL INDUSTRY CONNECTION AND ENGAGEMENT ()202622200 Financial Services Development Council (FSDC) hosted Annual Cocktail Receptionon 2 February 2026 at the Hong Kong Club, gathered over 200 key industry leadersand stakeholders providing an evening of meaningful connections and exchangeswhile strengthening industry ties. The event also bid farewell to Dr King Au on hisretirement, honouring his six years of dedicated service to the FSDC. Dr King Au, Former Executive Director of the FSDC, said “The Annual Cocktail isan important occasion to foster connections and strengthen partnerships. Overthe years, our outstanding achievements have been built not only on strategy, butalso on trust, collaboration, and a shared mission. It has been a privilege to standalongside our distinguished partners across the industry, and I am confident thatthis spirit will continue to guide FSDC to even greater heights.” STRENGTHEN GLOBAL CONNECTIVITY Global Marketing Impact Hong Kong: Where Money Comes to Grow – Ms Amy Lo, Convenor of the Market Development Committee, revealedthe inspiration behind the initiative of embodying Money: “This campaigncaptures the essence of Hong Kong as a global financial powerhouse – wheremoney comes to grow, ambition meets funding, and capital is protectedby trusted rules and robust frameworks. We set out to create somethingdistinctive that speaks the language of global financial stakeholdersand addresses what matters most to them. With unmatched scale, deepliquidity, a culture of innovation, and a vibrant lifestyle that attracts topglobal talent, we are delivering a clear message that Hong Kong worksfor capital.” 11/2025 IMPACTFUL FOUNDATION When Wealth Meets Art: Building a VibrantEcosystem for Art Collectibles in HongKong 6/2025 Fuelling Startup Success: Attracting and Cultivating Home-basedAlternative Investment Funds “As art becomes an established asset class within wealth and investmentstrategies, Hong Kong can utilise its strong financial capabilities and digitalinfrastructure to build an integrated art finance ecosystem. This convergencewould strengthen the city’s position as a regional centre for art investment,cultural exchange, and creative industries.” “Alternative investments are more than an asset class; they’rethe architecture through which economies build their futures. Bypurposefully channelling patient capital into innovation, Hong Kongcan strengthen its role as a launchpad for next-generation growth.” Ms Luanne Lim Dr Adrian Cheng 9/2025 12/2025 Hong Kong: Showcasing how Impact Capital Makes a Difference Hong Kong’s Capital Market Leadership: A Super-Connector Path tothe Global Capital Nexus in the Digital Era “In an era of increasingly complex markets, the most valuable thinga financial centre can offer is reliable, open, and well-governedconnectivity. That is Hong Kong’s enduring edge.” “As impact investing is gaining traction globally and in Asia, Hong Kong isleveraging its deep financial expertise and mature philanthropic ecosystem tochannel impact capital into sustainable and high impact projects, reinforcing itsrole as a regional platform for purpose driven investment. Mr Andrew Weir With a thriving digital asset ecosystem, robust regulatory frameworks coveringdiverse digital assets and activities, and the recent milestone of stablecoinlicensing, Hong Kong is primed for innovation and opportunities.” Mr Daniel R. Fung 2/2026 The Role of Finance in Addressing Sustainable Development 11/2025 Unveiling Hong Kong’s Potential: Prospective Growth in theExpanding Commodity Market “As an international green and sustainable finance hub, Hong Kongplays a pivotal role in mobilising capital towards credible green andtransition projects and in bridging the global financing gap.” “Aligned with the continued internationalisation of the ChineseMainland’s commodity market, Hong Kong’s strategic positioning iswell-suited to support this ambition and amplify its global commodity-trading presence.” Mr Jeremy Lam Ms Ding Chen CAPACITY BUILDING HK-ASEAN FSDC TALENT DAY 2025 -202552022 2026123Talent Day 2025260FSDC hosted the third edition of its annual event on 23 January 2026