版权声明 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 为主体 法律责任的权利。 在11月18日举办的第二十届中国经济论坛平行论坛——2025大湾区科技与金融创新发展大会上，证券时报社党 委书记、社长兼总编辑程国慧代表主办方致辞，深入剖析科技与金融深度融合的时代逻辑与探索实践。 程国慧指出，南沙是粤港澳大湾区这片热土上一颗冉冉升起的璀璨新星，依托得天独厚的区位优势，叠加国家 战略赋能，形成了人工智能、生物医药、高端装备等新兴产业企业集群，成为连接港澳、辐射全国、面向世界 的重要门户，为科技与金融的深度融合提供了广阔舞台。 科技创新是高质量发展的核心驱动力。党的二十届四中全会公报多次提及"科技""创新"和"新质生产力"，并鲜 明提出"加快高水平科技自立自强"的战略目标。程国慧指出，这些都充分彰显党中央对科技创新的高度重视， 也预示着"十五五"时期，我国将以更大力度推动科技引领经济发展，坚定"抢占科技制高点"的战略决心。此 外，政策层面明确要求构建与科技创新相适配的科技金融体系，则为二者的深度融合指明了清晰方向。 作为中国式现代化的关键施工图，"十五五"规划承载着实现中 ...

科技创新是高质量发展的核心驱动力。党的二十届四中全会公报多次提及"科技""创新"和"新质生产 力"，并鲜明提出"加快高水平科技自立自强"的战略目标。程国慧指出，这些都充分彰显党中央对科技 创新的高度重视，也预示着"十五五"时期，我国将以更大力度推动科技引领经济发展，坚定"抢占科技 制高点"的战略决心。此外，政策层面明确要求构建与科技创新相适配的科技金融体系，则为二者的深 度融合指明了清晰方向。 作为中国式现代化的关键施工图，"十五五"规划承载着实现中华民族伟大复兴的历史使命。程国慧指 出，当前百年变局加速演进，新一轮科技革命和产业变革向纵深推进，科技与金融创新如同车之两轮、 鸟之两翼，亟须形成双向奔赴、共生共荣的良性互动。 （原标题：证券时报社党委书记、社长兼总编辑程国慧：科技与金融创新 是互促共进的"双螺旋"） 证券时报记者 卓泳 在11月18日举办的第二十届中国经济论坛平行论坛——2025大湾区科技与金融创新发展大会上，证券时 报社党委书记、社长兼总编辑程国慧代表主办方致辞，深入剖析科技与金融深度融合的时代逻辑与探索 实践。 程国慧指出，南沙是粤港澳大湾区这片热土上一颗冉冉升起的璀璨新星，依托得天独厚的区 ...

11月20日，以"立足湾区投资全球"为主题的2025湾区财富大会在深圳会展中心举行。当天下午举行的主 题为"湾区金融大咖会：谈市场--湾区跨境财富管理需求渐起"上，与会嘉宾围绕湾区跨境财富管理需求 的崛起展开深入探讨。 香港是海内外投资的"超级连接器" 在全球资产配置的版图中，香港作为连接中国内地与国际市场的"超级连接器"作用日益凸显。未来资产 中国业务发展总监张皓在会上指出，近年来互联互通机制，特别是ETF通的政策演进，为内地投资者开 辟了新的出海路径。 他提到，目前港股ETF通将包含40%非港股资产的ETF纳入南向通范围，这为内地投资者提供了一个无 需消耗QDII额度即可配置海外资产的有效出口。在中国的资管规模中，通过现有渠道配置海外的比例 尚不足1%，因此在ETF互联互通框架下提供差异化资产，对于满足高净值客户的全球配置需求"大有可 为"。 安本投资管理中国区销售及市场负责人郑东指出，境外市场在产品创新方面发展更为成熟，产品选择也 更为多元化。在当前内地面临资产荒、利率持续走低的背景下，通过互联互通、QDLP等机制，能够为 投资者提供多样化的替代解决方案。以香港市场为例，其拥有成熟的高派息产品，借助股债 ...

得益于这些升级，过去一年跨境理财通的市场热度持续攀升：南向客户的开户数、资产管理规模 （AUM）均实现倍数增长，额度使用效率也远超以往，充分体现了客户对跨境理财需求的释放。 尽管产品选择更加丰富，谢佩芳表示，通过理财通参与跨境投资的客户，偏好仍以保守稳健、收益型为 主，但同时也希望借助跨境理财拓宽投资边界。 谢佩芳表示，基于当前市场需求与客户反馈，业内也期待理财通能进一步升级至3.0版本，希望在个人 投资额度、投资范畴等方面进一步提升和拓展，满足高净值客户更大规模、更多元的跨境资产配置需 求。 21世纪经济报道记者 庞成 深圳报道 "跨境理财通"是大湾区金融市场互联互通的标志成果，自2021年启动以来，通过"北向通"和"南向通"产 品设计，打通境内外理财产品市场，实现持续稳步发展。 "跨境理财通"的试点为大湾区金融机构带来了哪些机遇？参与试点的客户投资行为又有哪些特点？11月 20日，2025湾区财富大会在深圳会展中心举行，当日下午举行的主题讨论环节上，星展银行香港区零售 银行业务及财富管理投资产品及咨询部主管谢佩芳分享了对"跨境理财通"业务的观察。 谢佩芳表示，"跨境理财通"从1.0版本升级到2.0版本，为 ...

人民财讯11月18日电，11月18日，第二十届中国经济论坛平行论坛——2025大湾区科技与金融创新发展 大会在广州南沙隆重举行。证券时报社党委书记、社长兼总编辑程国慧在致辞中指出，科技与金融创新 从来不是两条平行线，而是相互缠绕上升的"双螺旋"。纵观全球湾区，旧金山以"风投+硅谷"模式崛 起，纽约凭借"华尔街+东岸科创走廊"长青，东京借"银团贷款+高端制造"称雄。粤港澳大湾区要乘势而 上，金融血液浸润科技骨骼必将会形成完美的"量子纠缠"状态。目前，大湾区跨境金融业务加速推进， 为科技金融发展注入新动能。横琴、前海、南沙、河套四大合作平台持续发力，形成了覆盖面广、协同 高效的跨境金融政策体系。从"跨境支付通""互换通""债券通"到"跨境理财通""双Q"试点等一系列创新 产品与机制，不断打通资金跨境流动堵点，为大湾区科创企业对接全球资源、深化国际合作提供了有力 支撑。 ...

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].

Group 1: Financial Market Connectivity - The financial market connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area is deepening, driven by reforms and opening up, with a cumulative transaction amount of 125 trillion yuan for the "Shenzhen-Hong Kong Stock Connect" by September 2025 [1] - The "Cross-Border Wealth Management Connect" has expanded, with a scale exceeding 120 billion yuan, indicating a growing cross-border financial service market [1] Group 2: International Competitiveness - Three financial center cities in the Greater Bay Area have entered the top ten in the Global Financial Centers Index (GFCI 38), reflecting an increase in international competitiveness [1] - The Greater Bay Area's financial industry is recognized for its large scale, comprehensive elements, and high degree of internationalization, positioning it among the global leaders [1] Group 3: Cross-Border Banking Initiatives - The establishment of WeBank's technology company in Hong Kong marks a significant step for domestic banks in international markets, with over 20 partnerships and intentions exceeding hundreds of millions of dollars [2] - Local banks are actively expanding their international presence, with Dongguan Bank's subsidiary opening in Hong Kong and other global financial institutions increasing their footprint in the Greater Bay Area [3] Group 4: Cross-Border Wealth Management - The "Cross-Border Wealth Management Connect" 2.0 has seen a 120% increase in participating individual investors compared to its previous version, indicating strong market response [4] - Securities firms are optimistic about the upcoming "Cross-Border Wealth Management Connect" 3.0, which is expected to expand beyond the Greater Bay Area to major cities like Beijing and Shanghai [5] Group 5: Cross-Border Insurance Services - The cross-border insurance services are improving, with over 90,000 vehicles insured under the "equivalent recognition" policy and health insurance serving over 150,000 individuals [7] - The insurance sector is actively developing cross-border products, with significant growth in new policies from mainland visitors to Hong Kong, reflecting a robust demand for cross-border insurance solutions [8] Group 6: Investment and Growth in the Greater Bay Area - China Taiping reported an investment scale of 120.3 billion HKD in the Greater Bay Area, highlighting the financial commitment to regional development [9] - The upcoming "2025 Greater Bay Area Technology and Financial Innovation Development Conference" aims to foster collaboration between technology and finance sectors, promoting sustainable growth in the region [13]

Group 1: Financial Market Connectivity - The financial market connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area is deepening, driven by reforms and opening up, with a cumulative transaction amount of 125 trillion yuan for the "Shenzhen-Hong Kong Stock Connect" by September 2025 [1] - The "Cross-Border Wealth Management Connect" has expanded, with a scale exceeding 120 billion yuan, indicating a growing cross-border financial service market [1] - Three financial center cities in the Greater Bay Area have entered the top ten in the global fintech rankings, showcasing the area's increasing international competitiveness [1] Group 2: International Expansion of Banks - Domestic banks are establishing a presence abroad, with WeBank's subsidiary, WeBank Technology, expanding into markets like Hong Kong, Indonesia, Malaysia, and Thailand, and negotiating over 20 partnerships worth several hundred million dollars [2] - Dongguan Bank's subsidiary, Wan Yin International, has opened in Hong Kong, marking a significant step for city commercial banks in internationalization [3] - Global financial institutions are increasing their presence in the Greater Bay Area, with HSBC and Fubon Bank establishing new offices and Santander Bank receiving approval for its Shenzhen branch [3] Group 3: Cross-Border Wealth Management - The "Cross-Border Wealth Management Connect" 2.0 has seen over 160,000 individual investors participating, a 120% increase compared to version 1.0 [4] - The expansion of participating institutions to include securities companies is a significant change in the 2.0 version, with 14 securities firms approved for pilot operations [5] - Securities firms are optimistic about the upcoming 3.0 version, which is expected to expand to major cities beyond the Greater Bay Area, addressing strong overseas investment demand [5] Group 4: Cross-Border Insurance Services - Cross-border insurance services are improving, with policies supporting the development of cross-border medical insurance and vehicle insurance [7] - By mid-2023, cross-border vehicle insurance provided coverage for 90,300 vehicles from Hong Kong and Macao, while health insurance served over 150,000 individuals [8] - China Taiping reported an investment scale of 120.3 billion HKD in the Greater Bay Area, indicating strong engagement in cross-border insurance [9]

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 collaboration among financial institutions [1][2][3]. Financial Market Connectivity - As of September 2025, the cumulative transaction amount of the "Shenzhen-Hong Kong Stock Connect" is 125 trillion yuan, with the Shenzhen Stock Connect becoming the main channel for foreign investment in A-shares, while the Hong Kong Stock Connect injects liquidity into the Hong Kong market [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 [9]. Internationalization of Financial Institutions - Domestic and foreign banks are increasingly engaging in mutual cooperation, exemplified by WeBank's establishment of WeBank Technology in Hong Kong, which has expanded its reach to multiple markets and engaged over 20 partners with intentions exceeding hundreds of millions of dollars [5][6]. - Global financial institutions are intensifying their presence in the Greater Bay Area, with HSBC and Fubon Bank establishing new offices and Santander Bank receiving approval for its Shenzhen branch [6][7]. Securities Industry Developments - The "Cross-Border Wealth Management Connect" 2.0 has seen over 160,000 individual investors participating, marking a growth of over 120% compared to version 1.0 [9][10]. - Securities firms are optimistic about the upcoming "Cross-Border Wealth Management Connect" 3.0, which is expected to expand beyond the Greater Bay Area to major cities like Beijing and Shanghai [10]. - Guangdong-based securities firms are increasing their investments in Hong Kong subsidiaries to build a second growth curve, with notable investments from firms like GF Securities and First Capital Securities [10][12]. Cross-Border Insurance Services - The cross-border insurance services are improving, with policies supporting the development of cross-border medical insurance and vehicle insurance [14][15]. - As of mid-2023, cross-border vehicle insurance has provided coverage for 90,300 vehicles, and health insurance has served over 150,000 individuals [14][15]. - Insurance institutions are establishing operations in the Greater Bay Area to enhance international business, with companies like PICC Hong Kong and China Taiping actively participating in regional development [16]. Upcoming Events - The 20th China Economic Forum will take place on November 18 in Nansha, focusing on the integration of technology and finance, with over 200 representatives from government, listed companies, and financial institutions expected to attend [20].

Group 1 - The "2025 Bay Area Wealth Conference" will take place on November 20, 2025, during the 19th Shenzhen International Financial Expo, focusing on "New Trends in Wealth Management: Investing Globally from the Bay Area" [1] - The event will gather top financial institutions and high-net-worth participants from the Greater Bay Area, discussing current wealth management and global allocation strategies [1][2] - The Greater Bay Area has an economic total of 14.79 trillion yuan, making it the largest bay area globally, with Hong Kong's asset and wealth management scale exceeding 35 trillion HKD and Shenzhen's wealth management total surpassing 31 trillion yuan [1] Group 2 - The morning forum will feature discussions on global wealth management, asset revaluation in China, alternative investments for high-net-worth individuals, and trends in the Hong Kong ETF market, with insights from major financial institutions [2] - The Guangdong-Hong Kong-Macao Greater Bay Area Research Institute will release the "2025 Cross-Border Wealth Management Report," revealing trends in cross-border wealth management over the past year [2] - The afternoon session will delve into global asset allocation, exploring new paradigms and practical topics such as Hong Kong stock investments and cross-border wealth management [2][3] Group 3 - The conference will analyze the changing investment behaviors of high-net-worth clients, focusing on the shift from preservation to "inheritance + impact investing" [3] - The collaboration between 21st Century Business Herald and Shenzhen International Financial Expo aims to create a platform for wealth management and asset management institutions to showcase their brands and foster cooperation [3] - Registration is open for representatives from financial institutions, high-net-worth individuals, and industry researchers interested in wealth management and asset allocation [3]