Hong Kong and Shenzhen deepen ties in finance and AI

At the South China Morning Post’s China Conference: Greater Bay Area, Hong Kong highlighted its role as a ‘superconnector’ and ‘super value adder’. The city is actively deepening ties in fintech with Shenzhen to build a world-class hub. Joseph Chan Ho-lim, deputy secretary for Financial Services and the Treasury, said Hong Kong will encourage local fintech firms to set up subsidiaries and support Shenzhen tech companies in leveraging its capital market.

The South China Morning Post reported on January 15, 2026, that at the China Conference: Greater Bay Area, Hong Kong is actively deepening fintech ties with key partners, particularly Shenzhen. Joseph Chan Ho-lim said: “Hong Kong was actively deepening ties in fintech with our main counterparts, particularly Shenzhen.” He added: “We are also working closely with Qianhai to advance deeper integration between technology and finance across both cities.”

To achieve this, Hong Kong will encourage local fintech firms to establish subsidiaries in Qianhai and support Shenzhen technology firms in leveraging its capital market. The conference highlighted Hong Kong’s role as a ‘superconnector’ and ‘super value adder’ in the Greater Bay Area, with keywords including AI, fintech, and Qianhai.

This collaboration aims to position the region as a world-class fintech hub, emphasizing the AI-plus strategy and integration in finance and technology. Institutions like Bank of Communications (Hong Kong) are involved, underscoring Beijing’s support for Greater Bay Area development.

ተያያዥ ጽሁፎች

South Korean and Japanese business leaders shake hands on Jeju Island after pledging enhanced AI and semiconductor cooperation.
በ AI የተሰራ ምስል

Korean and Japanese business lobbies pledge to boost AI and semiconductor cooperation

በAI የተዘገበ በ AI የተሰራ ምስል

South Korean and Japanese business lobbies met on Jeju Island to discuss ways to enhance cooperation in artificial intelligence and semiconductors. The two sides addressed shared challenges like population decline. They issued a joint statement vowing to build stable investment environments and supply chains.

Shenzhen's local government has announced plans to embed AI across society in its latest five-year blueprint, aiming to bring the technology into every household. The initiative covers 2026 to 2030 and seeks to position the city as one of the world's most technologically advanced by 2035. Analysts view it as a vital testing ground for Beijing's national AI strategy amid intensifying US-China tech competition.

በAI የተዘገበ

Hong Kong's Secretary for Innovation, Technology and Industry Sun Dong said the city is striving to become a “fortress” safeguarding digital security, while actively responding to national initiatives. He noted that today's cyber warfare is a “full-spectrum contest” integrating artificial intelligence that transcends geographical boundaries. Speaking at a conference organised by the Digital Policy Office, Sun emphasised that technology development and security protections must progress simultaneously.

Hong Kong's finance chief has expressed optimism about the city's economic outlook for 2026, while forecasting 2025 growth to accelerate to 3.2%, surpassing earlier projections. He attributed this positive outlook mainly to anticipated growth in mainland China and Asia, along with interest rate cuts.

በAI የተዘገበ

An opinion piece argues that comparing Hainan to the next Hong Kong is flawed, as Hong Kong operates as a special administrative region under “one country, two systems” while Hainan does not. Author Liang Haiming suggests Hong Kong should leverage its special status to enhance Hainan’s experiment, securing its own indispensable role rather than viewing it as a rival.

Hong Kong's Chief Executive John Lee has pledged in his New Year's speech to improve livelihoods, accelerate public housing projects, and bolster innovation and technology development in alignment with China's 15th five-year plan. He described 2025 as a year of challenges that demonstrated perseverance. The speech was uploaded to his social media account on Wednesday night.

በAI የተዘገበ

The Hong Kong Monetary Authority (HKMA) unveiled a 20-point road map on Monday to modernise the city’s trade finance ecosystem through Project CargoX, aiming to digitalise processes, expand lending to small and medium-sized enterprises (SMEs) and strengthen ties with mainland China and Asean. Howard Lee Tat-chi, a senior HKMA official, emphasised its role in maintaining competitiveness.

 

 

 

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