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.

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