TLDR: ZA Bank has publicly endorsed Hong Kong’s 2025 Policy Address, highlighting its forward-looking initiatives in artificial intelligence (AI) and tokenization. Calvin Ng, CEO of the digital bank, stated that these policies are crucial for developing a smarter and more competitive financial system in the region, aligning with global innovation trends. The bank also acknowledged the government’s support for SMEs and efforts to digitize trade.
Hong Kong, September 19, 2025 – ZA Bank, a leading digital banking institution in Hong Kong, has expressed strong support for the policies outlined in the 2025 Policy Address by Chief Executive John Lee. The bank specifically lauded the government’s progressive approach to fostering the development of artificial intelligence (AI) and tokenization within the financial sector.
Calvin Ng, CEO of ZA Bank, emphasized the significance of these policies, stating, ‘These forward-looking policies align with global innovation trends, and accelerate the building of a smarter, more competitive financial system in Hong Kong.’ He further noted the government’s ‘application-led’ and ‘safety approach’ to AI, which he believes is closely aligned with the practical needs of the financial industry.
The Policy Address signals Hong Kong’s advancement beyond mere exploration into the active application and regulation of tokenized deposits and real-world asset tokenization. Ng commented on this shift, remarking, ‘Tokenised assets can improve transparency, boost transaction efficiency, and even reshape the structure of capital markets. With the right regulatory sandbox in place, Hong Kong has the potential to become Asia’s most attractive testbed for Web3 financial innovation.’
Also Read:
- Hong Kong Unveils Ambitious AI Strategy in 2025 Policy Address, Earmarking Billions for Research and Talent
- K-Bank Unveils Three Generative AI-Powered Financial Innovations
Beyond AI and tokenization, ZA Bank also acknowledged the government’s broader support for Small and Medium-sized Enterprises (SMEs) through strategic measures aimed at facilitating business transformation. Ng highlighted that ‘These aren’t just relief measures; they’re strategic moves to help businesses navigate transformation.’ Additionally, the bank recognized the government’s push towards digitizing trade and exploring tokenized e-bills of lading, which Ng described as a ‘meaningful step’ towards faster, simpler, and more transparent access to financing, with the potential to reshape supply chain finance.
