Odaily News Hong Kong Chief Executive John Lee attended the Hong Kong Association of Banks and said that Hong Kong has become a leader in the green bond market with the issuance of HK$220 billion of green sustainable bonds in multiple currencies since May 2019. An adoption roadmap for the adoption of International Financial Reporting Standards will be launched in the coming weeks, making Hong Kong one of the first jurisdictions to align local and international sustainable reporting requirements. The Hong Kong government is determined to develop Hong Kong into a regional green financial center and is committed to innovation and technological advancement in the financial sector, including providing funding programs for proof of concept of green financial technology and early funding support for related programs. Fintech can also help companies use artificial intelligence (AI) and blockchain technology to improve efficiency and maintain competitive advantage. (Aastocks)