The Financial Services Regulatory Authority of Hong Kong and Macao signed a revised memorandum of understanding, adding new content such as financial infrastructure cooperation.

On March 3rd, representatives from the Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting to further enhance multi-dimensional financial cooperation between the two regions. During the meeting, they jointly signed a revised Memorandum of Understanding (MoU). The revision mainly included new chapters on financial infrastructure cooperation, exchange of information on currency and data statistics, industry cooperation training and exchange, in addition to the existing cooperation framework, to further enrich the coverage of the MoU. Eddie Yue, Chief Executive of HKMA, said, "Hong Kong and Macao are both central cities in the Guangdong-Hong Kong-Macao Greater Bay Area construction. Jointly maintaining financial market stability and supporting financial development in both regions not only enhances collaboration between the two regions but also allows both sides to make better contributions to the national economic and financial development. The newly revised MoU will expand cooperation between the two sides to more comprehensive areas such as financial infrastructure and information exchange, laying a more solid foundation for deepening financial cooperation between Hong Kong and Macao." Huang Shangwen, Chairman of AMCM, said, "The foundation of financial cooperation between Hong Kong and Macao is profound, and in recent years, both sides have been expanding new cooperation spaces in areas such as the bond market and financial infrastructure. The newly revised MoU will further promote comprehensive cooperation between AMCM and HKMA, jointly safeguarding the long-term stable development of the financial markets in both regions and providing strong support for the construction of the Guangdong-Hong Kong-Macao Greater Bay Area as an international financial hub in line with national strategic deployment."