TechFlow reported on March 1, according to Jinshi News, the China Securities Regulatory Commission (CSRC) issued a reply letter regarding proposals submitted at the second session of the 14th National Committee of the Chinese People's Political Consultative Conference. It mentioned that the CSRC, together with relevant departments, will further optimize and expand the connectivity between mainland and Hong Kong financial markets, continuously improve mechanisms such as Stock Connect, Bond Connect, and mutual recognition of funds. Based on summarizing existing experience, they will conduct in-depth research and feasibility studies on the possibility of Hong Kong companies listing in the mainland. They will also continuously promote and optimize the "Wealth Management Connect" pilot program according to market demand, and steadily advance pilot programs for digital RMB in Hong Kong as appropriate, comprehensively deepening practical cooperation between the mainland and Hong Kong and consolidating and enhancing Hong Kong's status as an international financial center.
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