ESG 融资将环境（Environmental）、社会（Social）、公司治理（Governance）因素纳入融资决策，注 重企业可持续发展。在香港，这一融资方式愈发受关注，它能助力企业降低风险、提升回报，吸引更多 投资，推动香港构建可持续经济体系。 （一）优势 1. 竞争力提升：践行 ESG 可履行社会责任，吸引投资者，增强市场竞争力。 2. 成本降低：良好 ESG 表现企业易获低成本融资，契合投资者偏好。 3. 声誉增强：通过 ESG 实践塑造品牌形象，赢得消费者与投资者信任。 （二）创新案例 1. 绿色债券：香港政府发行 57.5 亿美元等值绿色债券，成亚洲最大规模 ESG 债券发行，企业亦积极跟 进。 3. 信息披露规范：依据香港联交所 ESG 披露规则（含强制要求与 "不遵守就解释" 条款），定期发布 ESG 报告，保证披露信息真实、准确、完整，增强透明度。 1. 自我评估：评估 ESG 现状，制定战略目标，构建管理体系。 2. 渠道选择：绿色债券（专款专用环保项目）、ESG 基金（股权融资）、可持续发展挂钩贷款（目标 挂钩优惠）。 3. 材料准备：ESG 报告、项目可行性报告、财务报表等资料。 ...

阿通社12月10日报道，阿布扎比投资办公室（ADIO）与中国国际金融股份有限公司（中金公司） 宣布建立战略伙伴关系，共同打造阿布扎比—中国投资走廊，以加速双向资本流动。合作发布恰逢阿布 扎比推出全新的"金融科技、保险、数字及另类资产"（FIDA）集群。双方将识别高成长性的中国企 业，协助其利用阿布扎比的区位优势、先进基础设施及监管体系，同时为阿布扎比机构投资者设计进入 中国资本市场的专属投资结构。该投资走廊将支持FIDA集群引导资本流向重点行业，拓展多元化金融 产品，巩固阿布扎比作为连接东西方全球金融枢纽的地位。中金公司计划从其区域枢纽出发，推动结构 性产品、定制化财富管理与家族办公室服务。双方还将在ESG融资、思想平台建设以及绿色债券、转型 贷款、可持续私募基金等领域合作。合作内容亦包括与高校及科研机构共建金融创新人才培养体系。 ADIO总干事巴德尔·奥拉马强调，合作展示阿布扎比构建面向未来金融生态的雄心。 （原标题：阿布扎比投资办公室与中金公司共建战略投资走廊） ...

Core Insights - The combination of stablecoins and Real World Assets (RWA) is expected to create significant opportunities for asset tokenization financing in Hong Kong, especially after the enactment of the stablecoin regulation in August [2][3] - The RWA ecosystem is seen as a potential breakthrough in the Web 3.0 era, providing low-risk and stable yield financial products for investors [2] Industry Trends - Companies in various sectors, including real estate, renewable energy, and cultural tourism, are increasingly exploring RWA financing as a means to diversify funding channels and develop digital asset businesses [3][6] - Real estate firms are particularly eager to tokenize stable rental income from mature commercial properties to alleviate debt pressure [3][6] Operational Challenges - The feasibility of RWA financing for domestic assets depends on the auditability and transparency of the underlying assets, as well as the companies' understanding of digital asset mechanisms [4][10] - Many intermediary firms are promoting overly optimistic views of RWA operations, leading companies to underestimate the complexities involved [4][8] Compliance and Risk Management - Companies must ensure compliance with cross-border asset structure regulations and maintain a robust information disclosure mechanism to attract investors [10][11] - The operational costs for RWA financing are significant, including due diligence, project planning, and technology development, which can exceed several hundred thousand yuan [9] Market Dynamics - There is a growing awareness among companies regarding the exaggerated claims made by some intermediaries, prompting them to seek professional teams with experience in Hong Kong's regulatory environment [12] - The demand for RWA financing is rising, but many companies still hold unrealistic expectations about the speed and ease of the process [11][12]