IFEC launches Hong Kong’s first digital investor and financial education experiential learning centre
during Hong Kong Money Month 2024

• IFEC FinEd Hub opens today to provide digital investor and financial education experiential learning experience for the public.
• Hong Kong ranked first in digital financial literacy in the latest OECD/International Network of Financial Education (OECD/INFE) financial literacy study.  
• Hong Kong Money Month 2024 commences in March with various activities and resources for the public to help them adopt good investment habits.

The Investor and Financial Education Council (IFEC) today launches the IFEC FinEd Hub (Hub) - Hong Kong’s first digital experiential learning centre to provide experiential learning experiences on investor and financial education for the people in Hong Kong.

An array of engaging contents, immersive experience and interactive games incorporating key investor and financial education messages are tailored for different segments at the Hub. Located at The Mills in Tsuen Wan, participants can visit the Hub free-of-charge by booking through the IFEC website to explore themes such as money management, anti-financial scams and investment fundamentals. Groups such as schools, non-government organisations (NGOs), community centres and organisations are welcome to make appointments to visit the Hub from Monday to Friday, while families and individuals may make appointments to visit during the weekend and on public holidays (more information in the table below).    

Officiating at the Hong Kong Money Month 2024 Launch cum IFEC FinEd Hub Opening Ceremony, Mr Paul Chan, Financial Secretary of The Government of Hong Kong Special Administrative Region said, “Officiating at the Hong Kong Money Month 2024 Launch cum IFEC FinEd Hub Opening Ceremony, Mr Paul Chan, Financial Secretary of The Government of Hong Kong Special Administrative Region said, “Hong Kong’s financial services and products are diverse and ever-changing. Investors should have the necessary knowledge and skills to safeguard their assets and make proper investment decisions. The IFEC has been actively promoting investor and financial education to the Hong Kong public. The newly opened IFEC FinEd Hub provides a fresh learning experience to the public with the use of innovative technology to better integrate investor and financial education in the community.”

Hong Kong ranked first in digital financial literacy in the OECD/INFE 2023 International Survey¹

During the same occasion, IFEC Chairman Mr Victor Dawes shared the latest results of the OECD/INFE International Survey of Adult Financial Literacy (Survey), a globally coordinated measurement exercise of financial literacy.   This is the first time OECD/INFE introduces the measure of digital financial literacy level within the Survey which signifies the importance and the need to promote and enhance digital financial education across the spectrum of the global population. 

Mr Victor Dawes, IFEC Chairman said, “The launch of the IFEC FinEd Hub is a key milestone on investor and financial education for Hong Kong, bringing in a new form of digital immersive learning experience with the objective to induce positive changes in cultivating the right investment behaviour and correct attitude to manage money wisely for the long-term. Hong Kong ranked first among the 27 economies participated in the newly introduced survey on digital financial literacy in the OECD/INFE International Survey of Adult Financial Literacy.  The Hub will be a key driver for IFEC to embark on a new journey to benefit the people in Hong Kong to further enhance their investor and financial education through immersive education experience."

It is hoped that with the launch of the Hub and IFEC’s annual flagship territory-wide campaign, Hong Kong Money Month, the public can start to cultivate good investment habits and to acquire effective digital financial management skills to enhance their financial well-being.

Under the theme of Be a Savvy Investor, an array of activities will take place throughout the month of March including a multi-media campaign encompassing TV commercial, social media and outdoor advertising to help the public adopt good investment habits and at the same time, raise their awareness on investment scams. 

• A series of animated videos on online investing, reminding investors on cybersecurity and to be aware of their rights and responsibilities.
• An online talk hosted by the IFEC and the Insurance Authority on Investment-linked Assurance Scheme and Fund Investing.
• Promotion of the online talk titled, Virtual Assets Trading and Anti-Scam Tips.
• Result announcement of the Investor and Financial Education Award 2023 to recognise the contributions made by stakeholders from different sectors in advancing investor and financial education in Hong Kong. Click here for the full results.

Click here for more events and resources of Hong Kong Money Month 2024.

Photos and captions

1. Images of IFEC FinEd Hub located at The Mills in Tsuen Wan (image 1, image 2).

2. (From left to right) Mr Victor Dawes, Chairman of IFEC, Mr Paul Chan, Financial Secretary of The Government of Hong Kong Special Administrative Region and Ms Dora Li, General Manager of IFEC officiating at the Hong Kong Money Month 2024 Launch cum IFEC FinEd Hub Opening Ceremony.

3. A traditional lion dance performance is held to celebrate the launch of the IFEC FinEd Hub. (From left to right) Mr Victor Dawes, Chairman of IFEC and Mr Paul Chan, Financial Secretary of The Government of Hong Kong Special Administrative Region.

4. Investor and Financial Education Award 2023 awardees attending the presentation ceremony.