Tencent taps University of Hong Kong for fintech talent
Tencent has signed a memorandum of understanding (MoU) with the University of Hong Kong (HKU) as they look to cultivate local fintech talent.
According to Chinese website QQ, the MoU between Tencent Financial Institute (Hong Kong) and HKU will cover three major areas.
The first involves workshops, guest lectures, lectures and corporate visits for students of the Bachelor of Arts (Finance Technology) undergraduate course to be launched in September 2019.
The next will see Tencent provide internships to Hong Kong students.
The third option entails the firm and HKU’s Financial Technology and Blockchain Lab of the Department of Computer Science working on R&D.
Lai Zhiming, vice-president of Tencent and head of Tencent’s fintech business, and dean of Tencent Financial College, says the deal will make fintech knowledge “more popular, and at the same time achieve more industry elites”.
Tencent Financial Institute was established in June 2018 to foster cross-border talents.
The Bachelor of Arts mentioned above is designed to teach young people in Guangdong, Hong Kong and Macau the essential skills to work in our lively industry.
On a more general note, Hong Kong is doing well when it comes to fintech matters.
Last year, the Hong Kong Monetary Authority (HKMA) offered up a virtual licence for telcos, fintech firms and global banks.
HKMA also published its Open Application Programming Interface (API) Framework as it prepares the region for open banking.