There is no doubt that 2020 was a challenging year for the financial services sector in Hong Kong. Like many other jurisdictions the region was hard hit by the pandemic. However, there are now plenty of green shoots of recovery across the industry and specialisms such as fintech jobs have continued to thrive even through pandemic conditions. Many positive signs exist for 2021. For example, Chinese intentions to open the domestic Chinese financial services sector to foreign investment have been made clear by the wholly foreign-owned enterprise rules (WFOE), which will enable foreign investors to tap into growing investor demand. The Wealth Plan from the People's Bank of China is another clear sign of recovery in the region and is especially promising for Hong Kong. Innovative banking is also gaining ground in Hong Kong, from fintech jobs to virtual banks and there have even been record trading volumes in many of the world' largest banks, all indicating a promising 2021 to come.