Lianlian DigiTech announced the establishment of its Overseas Business Headquarters in Hong Kong, marking a new phase in its global expansion. The move follows the company’s designation as a strategic enterprise partner by the Hong Kong SAR Government’s Office for Attracting Strategic Enterprises in October.

Lianlian said the new headquarters is intended to strengthen its position as a multinational firm and support its goal of building a global digital payments ecosystem.

Zhang Zhengyu, Chairman and Executive Director of Lianlian DigiTech, stated:

“Our decision to establish the Overseas Business Headquarters in Hong Kong reflects not only the city’s unique role as a natural bridge between Greater China and the world, but also the Hong Kong SAR Government’s forward-looking vision in charting a digital future. Its ambition to position Hong Kong as a global innovation hub for digital assets aligns closely with Lianlian’s long-term roadmap.”

According to Zhang, the Hong Kong hub will act as the company’s strategic centre and an innovation testbed.

Its priorities include using blockchain and artificial intelligence to advance cross-border payments, reinforcing technology and compliance capabilities, and expanding global partnerships to support its wider innovation ecosystem.

Featured image credit: Edited by Fintech News Hong Kong, based on image by bisualphoto via Freepik