Hello everyone and welcome. I have with me today, Mr Charles Mok. Charles is the legislator for the IT sector here in Hong Kong, and a long time technology advocate, and someone that we’ve worked with in many different contexts in the context of tech development. We also have with us, Professor Ricky Kwok. Ricky Kwok is the Associate Vice President for Teaching and Learning at the University of Hong Kong. And today, we’re going to talk a little bit about some of the evolution of tech and how we can focus on building ecosystems and nurturing talent. So, Charles Yes? First question, I think it highlights something that I found very exciting in the context of FinTech, and that is historically when you think about research and development in financial services, it’s not like R&D in technology or pharmaceuticals, research and development, historically, in financial services has largely been sales. But what we’ve seen over the past 10 years with a lot of these FinTech startups and other initiatives, is some really interesting and exciting business ideas, which is not just about making new and more complicated products, it’s actually about doing things better. Now, thinking about all of this, from the standpoint of people who are thinking about their careers, who are just in university and thinking about their future directions, what sort of advice would you have for them in terms of areas to look at, or skills to build, or things to think about? Well, one thing that I have observed in recent years is that, in some ways, actually our education system, our traditional university education system is actually a bit outdated in the sense that we choose a major and either go into finance, or computer science, or psychology, or whatever. But in reality, we do see that in the job markets overall, and particular in areas such as in FinTech, we require people with a very broad spectrum of skills and knowledge. And it is actually becoming quite difficult to accommodate that breadth in the traditional university curriculum. Let’s say if somebody is interested in the future of leveraging technology in various different areas, AI, financial services, or even other areas, you need skills that is not just in finance, not just in computer science, but also in areas such as statistics obviously for big data, for data analytics, you mentioned about sales, psychology is actually very, very important, and many of the social sciences and so on. Well, I guess one thing that would be very important for us to realise is that also because technologies and the market changes so quickly, the industry is undergoing this continuous digital and other kinds of transformation all the time. So in fact, the pressure for professionals to upgrade themselves, to keep up with all these developments is tremendous and is going to be just increasing. So I think an emphasis on continuing education and trying to broaden your own skillset, keeping an interest on a wider range of topics rather than just my undergraduate major, I think it’s going to be very important. And I do believe that a lot of the employers and so on would be looking for people who are able to show this particular breadth in future. Now, of course, in future I think probably even the universities have to adjust even in their traditional curriculum settings. But in the meantime, I think professionals, young, new professionals, I think they have to get themselves ready using their own time to take courses, including online courses. We do see that people are taking courses more internationally as well, and I think that’s a good sign because you’re not just taking courses in your own economy and all your issues and examples are going to be only local or regional, it needs to be more international and global, and that’s because the technology allows us to do that. Yeah, I think particularly in the context of FinTech, it very much works in that line. I think we’ve had tremendous response to the online course, and I think not only HKU but an increasing range of universities are launching or have launched new courses in FinTech, and very much facing this challenge of how do you try to bring together the different elements of technology, of business, of perspective that people need. And I think it’s a real challenge from the standpoint of universities. But in many ways for young people, it’s a very exciting time. You’re learning not just about one thing, but about many, many different things at once. And I think that actually takes us to something that in the context of Hong Kong, has been both a challenge and an opportunity, and it’s often been said that in Hong Kong, we’re very strong on the Fin, but less strong on the Tech. And part of that has been that industry in Hong Kong, has largely left, it’s evolved, so that today we’re mainly a services hub, financial services, logistics, and all of these have a very important element in tech, the underlying infrastructure of financial services, of cross-border logistics, these things are very much based on technology. And maybe I can learn a few things from Charles. The first thing I’d like to follow up is about the public awareness of the correct definition of things like FinTech. So, my question is: how can different stakeholders like a university, or people like Douglas and myself, are trying to promote online education can help in this promotion or public awareness? Well, obviously, I think that universities and educators have a big role in doing that, because I do believe that society’s citizens do respect the credibility and neutrality of academics when they come into this area. A lot of misunderstanding about FinTech in the past. At first, I think people thought that it was just about payment, and later on, today, probably people think that it only has to do with cryptocurrency, whatever is the biggest and hottest areas that people can understand. But, in fact, I think it’s also very important to educate that finance and technology have always been coming hand in hand. So, I think It’s very important, through the traditional curriculum, to emphasise the importance of technology, not just because it is important for everybody to learn about programming or whatever, but to me, it’s more about understanding the role of technology, where these technologies are the basic principles, and where they can be applied. I think those are the most important things that hopefully educators, universities, can come in, and educate our next generation of university graduates throughout different disciplines. Again, I think there needs to be a lot more interdisciplinary type of information, or education, or courses, or development of the curriculum in a much more interdisciplinary way. In addition to that, also reaching out to the public just like these online courses, making them available. Making them available and targeted to not just, let’s say, existing financial professionals, but what about some of these courses or information sessions that are useful for the general public? Explaining to the general public about, sometimes even really very practical issues that actually they’re facing, If we think about FinTech, we can’t just think about the institutions, the companies, the regulators, and the professionals. Actually, the biggest part of the stakeholders would be the consumers, the users. So, there might be some opportunities for educating users in future when it comes to FinTech, packaging it in a different way, but giving them the basic understanding and knowledge that they need as a consumer.