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

Odaily Planet Daily reports that the Hong Kong Financial Services and the Treasury Bureau and the Shenzhen Municipal Financial Regulatory Bureau jointly released the "Action Plan for Jointly Building a Hong Kong-Shenzhen Global Fintech Center (2025-2027)". The plan outlines the implementation of over 20 cross-border data verification platforms for the financial sector between Hong Kong and Shenzhen by the end of 2027. It also encourages Shenzhen companies to issue sustainable development offshore RMB bonds in Hong Kong and supports the establishment of green asset development platforms based on blockchain, smart contracts, and other technologies. (Hong Kong Economic Journal)