HKMA Advocates Smarter Finance for Green Transition at 2026 Green Fintech Symposium

HKMA's 2026 Green Fintech Symposium promotes smarter finance for net-zero transition

The following is issued on behalf of the Hong Kong Monetary Authority:

The Hong Kong Monetary Authority (HKMA) encouraged the financial sector to harness technology and data in channelling capital more effectively toward the low-carbon transition at the 2026 Green Fintech Symposium, the grand finale of Hong Kong Green Week today (September 11).

Hong Kong Monetary Authority, Photo source: reference image

"Achieving a netzero and climateresilient economy is not just about mobilising more capital; it is about deploying capital more intelligently," said the Chief Executive of the HKMA, Mr Eddie Yue, in his opening remarks at the Symposium. "We need finance that is sharply targeted to ensure capital flows to high-impact decarbonisation projects, guard against the risks of greenwashing, and respond agilely to the complexities of real economy transition."

His remarks set the tone for the Symposium hosted by the HKMA, which drew over 450 in-person and online participants, echoing the theme "Smarter Finance for a Greener Transition." Through a fireside chat and panel discussions at the Symposium, policymakers, global investors and financiers, and technology leaders exchanged insights on the evolving green fintech landscape. Topics included smart transition infrastructure, AI-driven sustainable finance, as well as success stories and real-world implementation.

A highlight of the Symposium was the solution showcase, which spotlighted outstanding home-grown green fintech solutions through on-stage presentations and exhibition booths. These innovative solutions have the potential to help banks and corporates in Hong Kong, the Chinese Mainland and beyond address issues in environmental, social and governance (ESG) data, carbon markets, climate risk management, ESG disclosure, and sustainable finance.

The Symposium, which brought the Hong Kong Green Week 2026 to a close, is supported by the FinTech Association of Hong Kong, the Hong Kong Cyberport Management Company Limited, the Hong Kong Science and Technology Parks Corporation, Invest Hong Kong, and the One Earth Alliance.

HKMA's 2026 Green Fintech Symposium, Photo source: X@HKMA

HKMA's 2026 Green Fintech Symposium promotes smarter finance for net-zero transition Source: HKSAR Government Press Releases

HKMA's 2026 Green Fintech Symposium promotes smarter finance for net-zero transition Source: HKSAR Government Press Releases

HKMA's 2026 Green Fintech Symposium promotes smarter finance for net-zero transition Source: HKSAR Government Press Releases

HKMA's 2026 Green Fintech Symposium promotes smarter finance for net-zero transition Source: HKSAR Government Press Releases

HKMA's 2026 Green Fintech Symposium promotes smarter finance for net-zero transition Source: HKSAR Government Press Releases

Hong Kong Customs detects drug trafficking case involving incoming passenger at airport

Hong Kong Customs today (November 12) detected a drug trafficking case involving a passenger at Hong Kong International Airport and seized about 5.5 kilograms of suspected crack cocaine, with an estimated market value of about $6 million. A man was arrested.

A 48-year-old Mainland male passenger arrived in Hong Kong from Manila, the Philippines, today. During customs clearance, Customs officers found the batch of suspected crack cocaine inside his carry-on baggage. The man was subsequently arrested.

An investigation of the case is ongoing.

Customs will continue to step up enforcement against drug trafficking activities through intelligence analysis. The department also reminds members of the public to stay alert and not participate in drug trafficking activities for monetary return. They must not accept hiring or delegation from another party to carry controlled items into and out of Hong Kong. They are also reminded not to carry unknown items for other people.

Customs will continue to apply a risk assessment approach and focus on selecting passengers from high-risk regions for clearance to combat transnational drug trafficking activities.

Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.

Members of the public may report any suspected drug trafficking activities to Customs' 24-hour hotline 182 8080 or its dedicated crime-reporting email account(crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

Hong Kong Customs detects drug trafficking case involving incoming passenger at airport Source: HKSAR Government Press Releases

Hong Kong Customs detects drug trafficking case involving incoming passenger at airport Source: HKSAR Government Press Releases