Driving Global FinTech with Dual Engines: Technology + Business The Global Institute of FinTech Studies (Xiangmihu, Shenzhen) successfully hosted its 2025 Summer Conference, bringing together leaders in financial innovation and technology. Dr. Ming Jin, CEO of OneConnect (Hong Kong), shared valuable insights on strategic globalization from the perspective of Chinese FinTech enterprises. 🔍 Strategic Choice: Dual-Engine Growth Model – "Technology + Business" "Is going global a necessity for survival or a driver of growth?" Dr. Jin’s answer was clear: “For OneConnect, globalization is both a survival imperative and a proactive strategic choice.” Unlike pure tech export models, OneConnect leverages a dual-engine approach combining advanced technology and financial business expertise. As the sole FinTech export platform of Ping An Group, this model integrates decades of financial know-how with cutting-edge solutions—already validated by 197 financial institutions across 20 countries and regions. 📌 Strategic Focus: Regional Anchor Deployment When it comes to market prioritization, Dr. Jin emphasized: “Southeast Asia is a key market where we are heavily invested, and we’ve already partnered with over half of the local banks in Hong Kong.” These two regions—Southeast Asia and Hong Kong—form the strategic core of OneConnect’s global presence. Progress has also been made in the Middle East, where OneConnect is supporting regulators in Abu Dhabi Global Market (ADGM) to develop innovative lending platforms, signaling a shift from tech delivery to regulatory impact. 🛡️ Strategic Assurance: Overcoming Localization Challenges Dr. Jin outlined four key pillars to navigate localization hurdles: 🌐 Build a globally-minded R&D system 🛠️ Deeply localize to align with regional regulatory and business environments 🤝 Cultivate cross-cultural, tech-savvy global talent 🔗 Develop a collaborative industry ecosystem to grow together 💡 In closing, Dr. Jin stated: “The future of Chinese enterprises going global lies in forming ecosystem alliances. Collaborative globalization will be the strongest moat for Chinese tech companies in global competition.” #FinTech #GlobalStrategy #DigitalTransformation #SoutheastAsia #HongKong #MiddleEast #PingAnGroup #OneConnect #TechForFinance #Localization #GlobalExpansion #EcosystemThinking #FinancialInnovation #ChinaGoGlobal #Leadership #DigitalEconomy
