B[Hong Kong: Study and promote current account cross-border insurance fund settlement facilitation services for banking institutions to deepen interconnection with the mainland insurance market] September 16th, according to the Hong Kong Special Administrative Region News Government Gazette, the "First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030)" was announced today (September 16), which proposed to promote cross-border capital flows and implement innovative experiments in financial policies. Strengthen financial market linkage with cities such as Shenzhen and Guangzhou, promote the application of cross-border data verification platforms, and promote the high-quality development of financial technology in the Guangdong-Hong Kong-Macao Greater Bay Area. Make good use of the role of the Guangdong-Hong Kong-Macao Greater Bay Area as a testbed for policy innovation, provide residents in the Guangdong-Hong Kong-Macao Greater Bay Area with a richer range of cross-border insurance products, study and promote banking institutions’ current cross-border insurance fund settlement facilitation services, and deepen interconnection with the mainland insurance market. Deepen cross-border gold processing trade, explore green finance, sustainable investment, and financial technology cooperation, promote the development of the carbon market and green financial ecosystem in the Guangdong-Hong Kong-Macao Greater Bay Area, and promote the development of the international carbon market. B[Financial technology sector moved higher, and Businessbao and Xinli Financial rose by the daily limit] On September 8th, the financial technology sector moved higher during the session, with Businessbao and Xinli Financial rising by the daily limit, Qitian Technology rising by more than 10%, and Zhuochuang Information, Yinzhijie, Hengbao Shares, Ruida Futures, etc. quickly followed suit. In terms of news, as the 2026 semi-annual reports of listed securities companies have been disclosed, more than 20 listed securities companies, including Cathay Haitong, Huatai Securities, Yangtze Securities, Guosen Securities, etc., have released the progress of the action plan of "improving quality and efficiency and focusing on returns" or "double improvement of quality and returns", and the construction of financial technology has become a key disclosure content. B[Internet finance concept fluctuated and rebounded, and Watson & Co., Ltd. rose by more than 10%] On September 2, the internet finance concept rebounded in shock during the day, and Watson & Co., Ltd. rose by more than 10%. Previously, Xiangyi Rongtong 2 consecutive boards, Chutianlong, Hengbao Shares, Zhisheng Information, Airong Software, Liandi Information, etc. quickly surged higher.
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