The Financial Services and the Treasury Bureau (FSTB) and the Shenzhen Municipal Financial Regulatory Bureau jointly promulgated the Action Plan for Jointly Building Hong Kong-Shenzhen Global Fintech Hub (2025-2027) today (November 19), with a view to fully leveraging the strengths of Shenzhen and Hong Kong in fintech, and working together to establish a global fintech centre.
 
     The Secretary for Financial Services and the Treasury, Mr Christopher Hui, said, "The Hong Kong Special Administrative Region Government attaches great importance to promoting fintech development. Hong Kong's fintech offering ranked first globally in the latest Global Financial Centres Index Report. This Action Plan integrates Hong Kong's leading edge in fintech and Shenzhen's strength in industrial finance. It puts forward various key initiatives covering areas including digital finance, techfin, green finance, inclusive finance, as well as pension finance, with a view to expanding and deepening fintech co-operation between the two places.
 
     "The FSTB and financial regulators will work closely with the Shenzhen Municipal Financial Regulatory Bureau to actively implement the various initiatives in the Action Plan, jointly facilitating the high-quality fintech development in the Guangdong-Hong Kong-Macao Greater Bay Area. Our goal is to establish over 20 financial application scenarios via the Shenzhen-Hong Kong cross-boundary data validation platform by the end of 2027, with a view to further consolidating and enhancing Hong Kong's status as an international financial centre, as well as supporting Shenzhen to develop into an industrial finance centre with significant global influence."
 
     Key initiatives in the Action Plan include:
 
- facilitating the establishment of fintech subsidiaries in Hong Kong by Shenzhen financial institutions;
- supporting the two places to jointly develop fintech incubators;
- encouraging Shenzhen technology companies to leverage Hong Kong's facilitation measures to raise funds in Hong Kong, including the Biotech Companies Listing Channel, Specialist Technology Companies Listing Channel and Technology Enterprises Channel;
- encouraging Shenzhen companies to issue offshore Renmibi sustainable bonds in Hong Kong;
- promoting the continued innovation of e-CNY application scenarios; and
- supporting the two places to jointly participate in the research and application of Project mBridge.
 
     In addition, the Action Plan will promote the cultivation of fintech talent in the two places, as well as strengthen connections and co-operation with the industry, including facilitating the Shenzhen-Hong Kong-Macau FinTech Professional Programme, encouraging industry associations and financial institutions in Hong Kong and Shenzhen to co-organise fintech events, as well as enhancing co-ordination of large-scale fintech events across the two places.
 
     The full text of the Action Plan for Jointly Building Hong Kong-Shenzhen Global Fintech Hub (2025-2027) (Chinese version only) is set out at Annex.

Ends/Wednesday, November 19, 2025
Issued at HKT 15:00

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