Hong Kong and Shenzhen plan to jointly build a global fintech center and support the establishment of a blockchain-based green asset development platf...

According to Mars Finance, the Hong Kong Financial Services and the Treasury Bureau and the Shenzhen Municipal Financial Regulatory Bureau jointly released the "Action Plan on Jointly Building a Global Fintech Center in Hong Kong and Shenzhen (2025-2027)". The plan points out that by the end of 2027, more than 20 cross-border data verification platforms between Shenzhen and Hong Kong will be implemented in the financial sector. It also encourages Shenzhen companies to issue sustainable development offshore RMB bonds in Hong Kong and supports the establishment of a green asset development platform based on technologies such as blockchain and smart contracts.