Core Viewpoint - The Hong Kong Monetary Authority (HKMA) has announced the next phase of its fintech development blueprint, "Fintech 2030," focusing on the preparation for post-quantum cryptography (PQC) to address potential threats posed by quantum computing to current data protection and online verification methods [1] Group 1: Quantum Computing and Cryptography - The HKMA recognizes the potential impact of quantum computing on modern encryption methods, particularly in identity authentication and privacy data [1] - The HKMA is proactively preparing for these changes by collaborating with banks and technology companies to discuss the transition process to new encryption methods [1] - The authority aims to assist the industry in understanding related risks and developing early response strategies for the transition to post-quantum cryptography [1] Group 2: Cross-Border Payments - The HKMA plans to continue close cooperation with the People's Bank of China to optimize cross-border payment services [1] - There are discussions to expand the range of entities eligible for personal remittance services and to explore new remittance application scenarios relevant to residents of both regions [1] Group 3: Digital Bond Issuance - The HKMA acknowledges that the transition from traditional to digital processes for bond issuance cannot be achieved overnight [1] - Future plans include further automation in the digital issuance of bonds, with the third batch of bonds expected to see more digitalization [1]