KN Group Joins Hong Kong Government Business Delegation to Saudi Arabia, Explores Strategic Fintech Partnership

Financial technology industry leader KN Group has been specially invited by the Hong Kong Trade Development Council (HKTDC) to join the Hong Kong Business Delegation to the Kingdom of Saudi Arabia. The delegation, led by the Financial Secretary of the Hong Kong Special Administrative Region, Mr. Paul Chan Mo-po, and organized by the HKTDC, will visit Riyadh for five consecutive days, from October 27 to 31. The visit aims to strengthen ties and deepen bilateral trade relations between Saudi Arabia and international markets, while also promoting Hong Kong's financial advantages and assisting local enterprises in exploring collaboration opportunities.

Financial Secretary Mr. Paul Chan Mo-po noted that the accelerating demand in Middle Eastern countries for infrastructure development, innovation technology adoption, and industrial upgrading creates vast business opportunities for Hong Kong's IT companies and professional service providers, particularly in commercializing research outcomes. He emphasized that the Middle East market has always been a new source of capital and a new market that Hong Kong is committed to developing. He expressed the expectation that this trip will deepen the exchanges and mutual understanding between Hong Kong and the Middle East, expand Hong Kong's network of partners, promote cooperation in various fields such as business and innovation and technology, and advance closer economic, trade and people-to-people exchanges between the two sides.

The centerpiece of the Hong Kong Business Delegation's itinerary is participation in the 9th Future Investment Initiative (FII), supported by King Salman of Saudi Arabia. The FII, themed "The Key to Prosperity: Unlocking New Frontiers of Growth", is the global platform setting the world’s investment agenda, convening over 7,500 political and business leaders, investment decision-makers, and 600 speakers across 250 sessions. Discussions will address critical issues shaping the global investment landscape, including AI ethics, geoeconomic equilibrium, and data fragmentation. As an industry pioneer with 11 years of fintech experience, KN Group will leverage this collaborative platform to gain a deep understanding of Saudi Arabia's digital economic transformation and smart city construction trends, acquiring insight into the latest Middle Eastern financial innovation and precisely identifying opportunities for cross-border fintech collaboration. 

Lucas Kong, General Manager of KN Group Hong Kong and Global Head of Treasury, stated: "Drawing on our practical experience in serving hundreds of millions of users globally, the Group remains fundamentally driven by the mission to advance international financial inclusion. We are committed to breaking down global service barriers and promoting the balanced flow of financial resources. This dual focus ensures individuals in more countries and regions can enjoy convenient and accessible financial services while we actively address regional imbalances." He added that through this Middle East visit, KN Group aims to establish key partnerships with Saudi sovereign funds, financial institutions, and investment platforms. These alliances are critical to empower more financially underserved communities and elevate the international financial inclusion cause to a new level.

KN Group is actively expanding its international business footprint and exploring diverse cooperation opportunities, including those in Middle Eastern countries. Leveraging its experience in business across multiple countries worldwide, the group has developed unique core strengths. Our innovation lies in creating a diversified matrix of fund products backed by financial loans as underlying assets. Through intelligent matching engines, professional risk control models, and massive user data analysis, the group can efficiently and accurately address the needs of inclusive finance for individuals. In the future, KN Group will continue to focus on business expansion in Asian and international markets while making breakthroughs in innovative areas such as consumer credit risk modeling, supply chain fintech solutions, and green financial products. By harnessing technological power, the group aims to elevate the level of inclusive financial services.