Hong Kong’s government plans to release its first policy statement on artificial intelligence (AI) in finance, aiming to boost the technology’s adoption in areas like trading, investment banking, and cryptocurrencies. The Financial Services and Treasury Bureau is drafting guidelines on the ethical use of AI and general application principles, incorporating industry feedback. Expected to be unveiled during Fintech Week in late October, the statement signals Hong Kong’s support for AI amid global regulatory efforts. It seeks to clarify confusion over AI usage in the city, which faces access challenges to major AI services due to the U.S.-China tech conflict. The policy aims to consolidate existing guidelines and foster a favourable regulatory environment for AI applications.