贯通金融动脉 互联互通赋能大湾区建设丨魅力湾区·相约南沙

Core Viewpoint - The financial market connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area is continuously deepening, driven by reforms and opening up, enhancing international competitiveness and attracting global financial institutions [1][2][3]. Financial Market Connectivity - As of September 2025, the cumulative transaction amount of the "Shenzhen-Hong Kong Stock Connect" reached 125 trillion yuan, with the Shenzhen Stock Connect becoming the main channel for foreign investment in A-shares [2]. - The "Cross-Border Wealth Management Connect" has expanded, with a scale exceeding 120 billion yuan, and has seen a significant increase in participation from individual investors [7][9]. Internationalization of Financial Institutions - Domestic banks are actively establishing international operations, with WeBank's subsidiary, WeBank Technology, expanding into markets like Hong Kong and Southeast Asia, and engaging with over 20 partners with intentions exceeding hundreds of millions of dollars [4]. - Local commercial banks, such as Dongguan Bank, are also leveraging Hong Kong as a base for international expansion [5]. Securities Industry Developments - The securities industry is optimistic about the upcoming "Cross-Border Wealth Management Connect 3.0," which is expected to expand its reach beyond the Greater Bay Area to major cities like Beijing and Shanghai [10]. - Several securities firms have increased their capital in Hong Kong subsidiaries, with notable investments from companies like GF Securities and First Capital Securities [11][12]. Cross-Border Insurance Services - The cross-border insurance services are improving, with policies supporting the development of innovative products like cross-border medical insurance [13][15]. - By mid-2023, cross-border vehicle insurance had provided coverage for 90,300 vehicles, and health insurance services had reached over 150,000 individuals [14][15]. Upcoming Events - The 20th China Economic Forum will take place on November 18 in Nansha, focusing on the integration of technology and finance, with participation from government departments, listed companies, and financial institutions [19].