No.3  March, 2016  
Steering Group on Fintech releases report
The Fintech ecology in Hong Kong is maturing, and has attracted 48 out of 100 top Fintech companies in the world to operate in the city, according to a report released by the Steering Group on Financial Technologies on 26 February. The report set out recommendations to bring the Fintech sector to the next level. The Chairman of the Steering Group and Secretary for Financial Services and the Treasury, Professor K C Chan said the report highlighted the vibrancy of Hong Kong’s Fintech sector comprising world-class financial institutions, innovative start-ups, investors, finance and entrepreneurial talent, and research and development institutions, adding that there was vast potential for Hong Kong to become a premier Fintech hub. Read more about the Report here.
  2017 Track Cycling World Championships in Hong Kong
The Union Cyclist International (UCI) announced on 5 March that Hong Kong would host the 2017 UCI Track Cycling World Championships. The Championships will take place between 12 and 16 April, 2017 at the Hong Kong Velodrome, and will be the second time in track cycling’s history that Asia has hosted the event following Maebashi, Japan in 1990. Occupying 6.6 hectares, the Hong Kong Velodrome has a 250-metre cycling track and spectator facilities for 3,000 people. Click here for more details.
  HK SciFest 2016 launched
Hong Kong SciFest 2016, staged on 5 March, would offer over 120 science exploration activities to encourage public interest in science and technology. The SciFest, organised by the Hong Kong Science Museum since 2014, has been well received by the public. "Biodiversity and Conservation" was chosen as the theme this year to showcase the biodiversity of Hong Kong, allowing participants to experience the beauty of nature as well as complementing the opening of the Biodiversity Gallery of the Science Museum in the middle of this year. Read more about the SciFest here.
  Latest ICAC Post released
“Hong Kong continued to prevail as one of the most exciting business hubs, boasting a clean civil service, a level playing field and a community that loathed corruption,” said the Chairman of the Advisory Committee of Corruption of the Independent Commission Against Corruption (ICAC), Mr Chow Chung-kong. The Index of Economic Freedom released by the Heritage Foundation in February this year ranked Hong Kong as the world’s freest economy for the 22nd consecutive year among 178 economies by assessing 10 factors including “freedom for corruption”. According to the annual Corruption Perceptions Index released earlier by Transparency International, a non-government organisation based in Berlin, Hong Kong was ranked the 18th least corrupt place among 168 countries and territories surveyed. Read the latest ICAC Post here
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