AGRICULTURAL BANK OF CHINA(SH:601288) Sou Hu Cai Jing·2025-10-03 12:02Group 1 - The recent issuance of cross-border consumer loans for Hong Kong residents in Shenzhen marks a significant breakthrough in the Shenzhen-Hong Kong cross-border financial pilot program [1] - The pilot utilizes blockchain technology to efficiently verify credit data of Hong Kong residents, addressing the challenge of cross-border financing due to the lack of credit history in mainland China [1] - Three Hong Kong youths employed in Shenzhen are the first beneficiaries of this new loan initiative [1] Group 2 - A Hong Kong employee from Shenzhen Yati Technology expressed that the previous loan application process was lengthy, but the new system allows for a quick assessment based on Hong Kong data, providing a convenient credit loan option [3] - The head of innovative business at Agricultural Bank of China Qianhai Branch highlighted that the core of this pilot is to resolve data verification bottlenecks in traditional cross-border financial services, making life easier for Hong Kong residents and businesses in Shenzhen [3]