Hong Kong Banks Scored Just 2.3 Out of 10 on Quantum Readiness, Here Is the Plan to Fix It

TLDR The HKMA and HKUST launched a Post-Quantum Cryptography (PQC) Toolkit for banks on November 2. Hong Kong’s banking sector scored 2.3 out of 10 on the HKMA’s Quantum Preparedness Index in July 2026. The regulator’s target is a full score of 10 by 2030. The toolkit helps banks inventory cryptographic assets, set priorities and build timelines with suppliers. The launch is a preparation step and does not mean quantum computers have broken bank or crypto encryption. Hong Kong’s banks have a long way to go before they are ready for quantum computing.