Core Insights - The demand for "northbound" loans from Hong Kong residents to mainland China is increasing, marking a shift from the previously dominant "southbound" lending model [1][3][4] - The first successful case of Hong Kong residents obtaining mainland consumer loans through the Shenzhen-Hong Kong Cross-Border Data Verification Platform (DVP) has been reported, indicating a growing trend in cross-border financial services [3][4] - The DVP platform, which facilitates the verification of credit data across borders, is expected to expand its applications beyond finance to sectors like education and healthcare [5][11] Group 1: Northbound Lending Developments - The Agricultural Bank of China Shenzhen Branch announced the first case of a Hong Kong resident obtaining a mainland consumer loan through the DVP, highlighting the platform's role in cross-border credit verification [3][4] - Many Hong Kong residents are seeking credit cards and loans in mainland China to facilitate their consumption, with banks in Shenzhen showing interest in acquiring credit reports from Hong Kong [4][10] - The DVP has been operational since May 2022, primarily focusing on financial services, and is now looking to include more state-owned banks in its northbound verification efforts [5][11] Group 2: Market Dynamics and Future Prospects - Over 10,000 Hong Kong residents are currently living and working in Qianhai, indicating a significant market for financial services targeting this demographic [4] - The DVP aims to prepare for future cross-border credit verification for Southeast Asian markets, leveraging the experience gained from servicing Hong Kong residents [4][5] - Traditional "southbound" lending has already surpassed 2.6 billion HKD, with many banks actively participating in this segment, indicating a robust cross-border lending ecosystem [9][11]

大湾区居民双向奔赴。 继消费之后，过去的以"南向"居多的深港跨境信贷，开始落地"北 向"案例。 在香港金融科技周期间，一位香港征信机构负责人向21世纪经济报道记者表示， 目前香港居 民"北上"贷款或申请信用卡的需求有所提升。 过去，深港跨境信贷的案例更多集中于"南向"，即内地企业经由香港出海和在港融资、内地居 民在港开户等，其实现方式大多依托于深圳跨境数据验证平台（DVP）。其中，微众银行、富 融银行、东亚银行、工银亚洲等银行均已有案例落地。 作者丨黄子潇 编辑丨孙超逸 不过，这一情况正在发生变化。今年9月末，首批依托DVP的港人北上贷款的案例开始出现， 多集中于消费贷、信用卡领域。农行深圳分行等已落地相关案例。 对此，部分香港机构正在加大与深圳各家银行、征信公司的接触，以探索业务机会。 从消费到贷款 消费并非一个新话题，但港人"北向"贷款已经开始出现。 今年10月，农业银行深圳分行发布消息称，该行联手百行征信、环联信贷，落地首笔依托深港 跨境数据验证平台的香港居民的内地消费贷款。这是首例港人征信数据北上跨境验证的案例。 据悉，该案例成功为3名在前海深港青年梦工场就业的香港青年完成内地消费贷款额度核定与 发放 ...

Core Insights - The demand for "northbound" loans and credit cards from Hong Kong residents has increased, marking a shift from the previously dominant "southbound" cross-border credit cases [1][4][5] - The first cases of Hong Kong residents obtaining loans in mainland China through the Shenzhen-Hong Kong Cross-Border Data Verification Platform (DVP) have emerged, primarily in the consumer loan and credit card sectors [1][5][6] Group 1: Cross-Border Loan Developments - The Agricultural Bank of China Shenzhen Branch announced the first successful case of a Hong Kong resident obtaining a mainland consumer loan, utilizing the DVP for credit data verification [5][6] - The DVP allows banks to access accurate credit data of Hong Kong residents, addressing the challenge of assessing creditworthiness for those without a credit history in mainland China [6][11] - There are over 10,000 Hong Kong residents living and working in Qianhai, indicating a growing market for cross-border financial services [6] Group 2: Financial Institutions' Strategies - Hong Kong institutions are increasing engagement with Shenzhen banks and credit companies to explore business opportunities related to the northbound loan market [2] - The DVP has been recognized internationally and is expected to expand its application to Southeast Asia, enhancing cross-border financial services [8] - Major banks in Hong Kong, including Bank of China Hong Kong, HSBC, and Standard Chartered, have already engaged in cross-border lending under the framework of cross-border credit mutual recognition [10][11] Group 3: Market Trends and Future Outlook - The traditional "southbound" loans have exceeded 260 million HKD, indicating a robust demand for cross-border financing from mainland enterprises [9][11] - The DVP is also exploring applications in education, healthcare, and transportation, suggesting a broadening scope for cross-border financial services [8] - The integration of credit data from different regions remains a challenge, with ongoing efforts to standardize formats and improve data interoperability [11]

Core Insights - Shenzhen Zhongke Cloud Information Technology Co., Ltd. (Zhongke Cloud) has gained international recognition as Canadian students purchased its domestic mini-host at a price exceeding the product's cost, highlighting the company's ambition to leverage Chinese technology for global expansion [1][4] - The challenges faced by small and micro enterprises like Zhongke Cloud in overseas markets stem from a conflict between market opportunities and funding constraints, particularly due to a lack of overseas collateral and cross-border credit history [1][5] Company Overview - Zhongke Cloud was established in 2018 with a mission to expand internationally, evolving from chip distribution to independent research and development of complete machines and circuit boards [4] - The company has achieved significant growth, with a revenue of 61 million yuan in 2024, reflecting a nearly 50% year-on-year increase, indicating the market potential for domestic technology products [4] Funding Challenges - Small and micro enterprises face common difficulties in overseas expansion, particularly in Hong Kong, where traditional financing requires local collateral and credit history, creating a significant barrier to accessing funds [5] - Zhongke Cloud has utilized digital financing products like WeBank's "Micro Business Loan" to secure credit in mainland China, but struggles to find similar support in Hong Kong [5] Technological Solutions - The launch of the Shenzhen-Hong Kong Cross-Border Data Verification Platform in May 2024 serves as a key solution to bridge the financing gap by allowing Hong Kong financial institutions to recognize credit information from mainland enterprises without requiring cross-border data transfer [6][8] - This platform enables a new financing model that does not rely on traditional collateral, significantly lowering the barriers for small and micro enterprises to access funding [8] Financial Ecosystem - The successful implementation of the "Overseas Loan" is a result of collaboration between WeBank and Fusion Bank, creating a complementary financial ecosystem that supports small and micro enterprises in their international endeavors [9][10] - WeBank focuses on domestic small and micro enterprises, while Fusion Bank leverages its international financial capabilities to meet the financing needs of businesses operating in Hong Kong and globally [9] Future Outlook - The collaboration between WeBank and Fusion Bank exemplifies a shift towards a unified financial ecosystem that supports the globalization of Chinese enterprises, with digital technology replacing traditional collateral as the basis for credit [12] - As the Greater Bay Area continues to integrate, this model is expected to empower more domestic technology companies to expand internationally, realizing the vision of "Chinese technology, benefiting the world" [12]

深圳中科云信息技术有限公司(以下简称"中科云")创始人龚文斌对公司第一笔海外订单至今记忆犹新： 一位加拿大学生花了两倍于产品本身的费用——其中快递费和报关费已超过产品价格，只为将中科云的 国产迷你主机带回学校研究。"我当时特别开心，感觉迎来了产品走向海外的起点。" 这份希冀和喜悦的背后，却隐藏着小微企业出海的共同难题：兵马未动粮草先行，出海资金筹集问题首 当其冲。这类企业往往缺乏可作为有效抵押物的海外资产，难以从传统渠道获得融资支持。 当"走出去"的渴望遇上"融不到"的困境，如何打破融资难的"玻璃门"，成为影响小微企业出海成败的关 键因素之一。 出海：是刻在名字里的使命 转机，出现在富融银行"出海贷"的落地。2024年5月，深港跨境数据验证平台上线，该平台基于微众银 行提出的分布式数据传输协议理念及牵头研发的国产开源区块链底层平台FISCO BCOS进行开发，为深 港两地机构提供数据凭证的可信验证服务。富融银行通过该平台对中科云自主授权的信用信息进行跨境 验证，为其香港关联企业提供了无需抵押、无需财务报表、无手续费的约270万港币贷款支持。 "从没想过香港银行会给我们贷款。以前100万的资金只能做100万的生 ...