Securities and Futures Commission Chief Executive Officer Julia Leung said financial institutions must accelerate their adoption of digital assets and emerging technologies to remain competitive as younger investors increasingly dominate the market.

Speaking at Consensus Hong Kong 2026, Leung said second- and third-generation investors, including Generation Z, are changing how financial services are consumed. She noted that younger clients prefer digital platforms, faster settlement, and products that enable fractional ownership, prompting traditional finance firms to adapt their offerings.

Leung said banks, asset managers, and brokers…