On June 25, Chen Maobo, the Financial Secretary of the Hong Kong Special Administrative Region Government, published an essay on the website of the Hong Kong Special Administrative Region Government, stating that in the past year, the Hong Kong International Financial Center has expanded its business scope, diversified its products, and diversified its sources of funds. The cooperation with the mainland, especially the Guangdong-Hong Kong-Macao Greater Bay Area, has become closer.
Among them, in terms of financial infrastructure and innovation, the Hong Kong Monetary Authority is studying the application of digital Hong Kong dollars; the “multiple central bank digital currency cross-border network” (mBridge) has also entered the trial stage from the experimental stage; The cooperation has also entered the second phase of testing, with the goal of adding value to the digital RMB wallet through FPS in the future.