Hong Kong industry discusses "Finance +" and capital innovation, with Beijing as an important practice scene

China News Service, Hong Kong, November 5th. The forum "New Opportunities in Hong Kong's Five-Year Plan: Deepening 'Finance +' and Capital Innovation" was held in Hong Kong on the 4th. Chan Ho-Lin, Acting Secretary of the Financial Services and the Treasury Bureau (“Treasury Bureau”) of the Hong Kong Special Administrative Region Government, said at the event that Hong Kong must implement “Finance + Action” and the Northern Metropolitan Area (“Beidu”) is an important scene for the implementation of “Finance +”.

On November 4, the forum "New Opportunities in Hong Kong's Five-Year Plan: Deepening 'Finance+' and Capital Innovation" was held in Hong Kong. Acting Secretary for Financial Services and the Treasury Bureau of the Hong Kong SAR Government, Chan Ho-Lin, attended and delivered a speech. (Photo courtesy of the organizer)

Chen Haolian said that Beidu, as an important engine for Hong Kong's future development, is the best practice scenario to promote the "double integration" of the "finance +" strategy and the real economy. The Treasury Bureau is simultaneously promoting institutional support to release long-term funding potential, including tailoring financing plans for companies settled in the area through the "Northern Metropolitan Area Financial Advisory Working Group" and studying with the Hong Kong Monetary Authority to provide greater financing flexibility for some projects.

Zhang Qinniu, executive director of Dagong International Hong Kong Co., Ltd., said in his speech that deepening "finance +" integration, standardizing capital innovation, and seizing new opportunities in Hong Kong's first five-year plan are inseparable from the support of mature and complete financial infrastructure, and credit rating is an important part of it. If Hong Kong wants to continue to expand the "finance +" ecosystem, enrich innovative capital formats, and activate incremental market opportunities, it needs to rely on an independent, objective, and professional credit system to break cross-border information barriers, help optimize capital pricing mechanisms, and build a solid bottom line for risk prevention and control.

Li Fei, director of Dagong International Hong Kong Co., Ltd., said that according to agency calculations, offshore RMB accounted for 37% of the total issuance of Hong Kong listed bonds in the first three quarters of 2026, surpassing the US dollar to become the largest issuance currency in the Hong Kong bond market, and dim sum bonds have transformed into a normal strategic financing tool for market entities.

During the discussion session, many industry guests exchanged views on issues such as the strategic allocation value of dim sum bonds, innovation in bond varieties, and cultivation of international investors. Participants believed that Hong Kong should rely on the first five-year plan to broaden the boundaries of innovation with "finance +", build a firm risk bottom line with "credit +", guide global capital to support real industries and the construction of the northern capital, and serve the country's high-quality development. (over)