TechFlow news — On March 2, according to CCTV.com, the China Securities Regulatory Commission (CSRC) released its response letter regarding proposals submitted at the second session of the 14th National Committee of the Chinese People's Political Consultative Conference.
The reply stated that CSRC, together with relevant departments, will further optimize and expand financial market connectivity between mainland China and Hong Kong. Efforts will continue to refine mechanisms such as Stock Connect, Bond Connect, and mutual fund recognition. Based on accumulated experience, authorities will conduct in-depth research and feasibility studies on the listing of Hong Kong companies in mainland markets. In line with market demand, they will continuously promote optimization of the "Wealth Management Connect" cross-border pilot program, and steadily advance pilot programs for digital RMB in Hong Kong. These measures aim to comprehensively deepen practical cooperation between the mainland and Hong Kong, consolidating and enhancing Hong Kong's status as an international financial center.
