Guo Ji Jin Rong Bao·2025-10-20 00:13Core Viewpoint - Hong Kong, as a key international financial center, needs to seek a future path amid global changes, leveraging its unique advantages as a "super connector" to enhance global financial competitiveness through collaborative development [1]. Group 1: International Cooperation - Hong Kong should strengthen its role as a hub for Chinese capital going global, transforming its institutional advantages, professional services, and international network into strong momentum for mainland enterprises to expand into global markets. The Hong Kong government has officially launched a "Mainland Enterprises Going Global Task Force" in October, with specific policies and measures expected to follow [3]. - Hong Kong aims to enhance its function as a strategic platform for overseas investors to allocate Chinese assets, expanding the depth and breadth of the Hong Kong dollar and offshore renminbi markets. This includes attracting sovereign funds and central banks from the Belt and Road regions, particularly ASEAN and the Middle East, to invest in Hong Kong and mainland Chinese assets, creating a cycle of "overseas funds - Hong Kong allocation - mainland assets" [3]. Group 2: Collaborative Development with Shanghai - Hong Kong and Shanghai, as the most competitive financial centers in China, can enhance core elements of a strong financial nation through the collaborative development of offshore and onshore finance. This collaboration is essential for exploring a unique path for financial development in China and supporting the construction of a new development pattern [4]. - The collaboration between the Hong Kong and Shanghai financial centers can focus on expanding the factor market, supported by infrastructure connectivity, with the internationalization of the renminbi as a breakthrough. This approach aims to enhance China's financial asset pricing power and the voice in international financial rule-making, creating favorable conditions for improving the international competitiveness and risk resilience of China's financial system [4].