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.

संबंधित लेख

During China's 2026 national two sessions, Hong Kong's role as the world's third-largest financial center drew attention. Australian scholar Warwick Powell discussed with Hong Kong CPPCC member Judith Yu how the city can leverage its 'super-connector' status to align with the 15th Five-Year Plan. Yu highlighted innovation, technology, and financial empowerment to boost Greater Bay Area cooperation.

AI द्वारा रिपोर्ट किया गया

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.

Shanghai's municipal government held a news conference to announce the start of the 2026 Shanghai Global Investment Promotion Conference on March 14, lasting a week. The event aims to enhance the business environment and government services to build stronger industrial chains. Officials and executives highlighted new platforms for emerging technologies to attract investments.

AI द्वारा रिपोर्ट किया गया

An opinion piece in the South China Morning Post states Beijing's plans assure steady, high-quality growth and stable relations, with Hong Kong taking a bigger role in national development. It highlights a shift to a growth target range as reflecting strategic flexibility.

 

 

 

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