Shenzhen: Exploring the establishment of an interconnection mechanism between Shenzhen Stock Exchange and Hong Kong Stock Exchange members.

Recently, the Shenzhen Municipal Bureau of Commerce and the Municipal Development and Reform Commission jointly issued the "Implementation Plan for Promoting High-quality Development of Service Trade and Digital Trade in Shenzhen". It proposes to vigorously develop cross-border financial insurance services, explore the establishment of a mechanism for mutual access between the Shenzhen Stock Exchange and the Hong Kong Stock Exchange, support Hong Kong and Macao banks' mainland branches to operate foreign currency bank card businesses as well as Renminbi bank card businesses for customers other than Chinese citizens. Support qualified Hong Kong insurance companies to establish subsidiaries in Shenzhen. Explore pilot projects for private equity and venture capital share transfers in Qianhai. Support qualified banks and non-bank payment institutions to provide efficient and low-cost cross-border fund settlement services for cross-border e-commerce enterprises based on transaction electronic information.