KN Group Leads International Data Industry Ecosystem - Global Summit of International Data Industry Alliance Convenes Successfully
(Hong Kong, May 27, 2025) The International Data Industry Alliance Global Summit, co-organized by KN Group and the International Data Industry Alliance (IDIA), was successfully held today. The Summit attracted over one hundred distinguished guests, including representatives from Hong Kong data industries, technology enterprises, financial and academic sectors, as well as and government officials overseeing digital economy initiatives from Thailand, Indonesia, the Philippines, and Pakistan. Participants engaged in comprehensive discussions on cross-border data collaboration, security, compliance, and scalable technology adoption.
Distinguished officiating guests included Mr. Paul Chan, Financial Secretary of the Hong Kong SAR Government; Mr. Allen Yeung, Honorary Chairman of IDIA; Professor Herbert Chia, Co-Chairman of IDIA; and Mr. Leo Chen, President of KN Group. As a leader in the international data ecosystem industry, this summit is organized with the strong support of KN Group, aiming to bring together businesses in the fields of science, technology and innovation, and to provide a platform for participants to collaborate, thereby building deeper partnerships and laying a foundation for the future development of global digitization.
Mr. Paul Chan, the Financial Secretary of the HKSAR Government, said “Data is transforming industries, business models, and the way we live. With the rise of artificial intelligence (AI), the potential for data to unlock new use cases and opportunities is immense. In Hong Kong, we are committed to a digital strategy that embraces openness, global connectivity and value creation. This includes sharing more data to broaden application scenarios, facilitating cross-boundary data flows, supporting the development of AI as a core industry, and more. To drive an AI-powered digital economy, we must focus on expanding our talent pool and enhancing the community's digital literacy. At the same time, we need to review legislation and regulations to foster innovation and create new application scenarios, while building a robust data governance framework that ensures data security. As a 'super connector' and 'super value-adder,' Hong Kong can play a unique role in fostering international cooperation within the data industry to co-create a more inclusive and sustainable digital future.”
Mr. Leo Chen, President of KN Group, stated, “Data is the core asset of digital development, yet its true value lies in secure and efficient global circulation and application. As a host of this Summit, we leverage our extensive expertise in artificial intelligence, data compliance management, and cross-border resource integration to advance the Alliance's initiatives. KN Group will harness our industry network across Southeast Asia to collaborate with the Alliance in establishing a regional data-sharing platform. This will foster technological cooperation and standards alignment among multinational enterprises, driving balanced development of the regional digital ecosystem.”
As one of the core founding members of IDIA, KN Group has 10 years of experience in the financial technology sector. With hundreds of millions of credit assessments, over 60 million users and over 200 partner organizations, KN Group is able to provide real-world experience for the development of the digital economy in Hong Kong and around the world.
Mr. Andy Jiang, Vice President of KN Group, stated, “The globalization of data elements requires the dual-wheel drive of technological innovation and institutional innovation. As an enterprise deeply engaged in the international market, we deeply understand that the differences in data standards and asymmetric infrastructure between regions are the main bottlenecks in cross-border collaboration.”
Following the opening ceremony, the Summit featured keynote speeches and panel discussions on topics such as national data industry development, cross-regional collaboration, AI-driven data applications, and compliance. Participants concurred that the integration of data and emerging technologies will redefine global supply chain competitiveness.
KN Group maintains that only through the establishment of an integrated ecosystem combining“technology, regulation, and humanistic values” can the cross-domain potential of data as a key element be fully unlocked. Looking ahead, KN Group remains committed to deepening global partnerships to pioneer best practices in data security, compliance, and commercialization, fostering an open and interconnected digital economy.