The Chongqing-Hong Kong platform has officially commenced operation. HKMA: It will further promote the efficient and secure cross-border flow of data between the two places.

Zhito Finance APP has learned that on October 14, Chongqing and Hong Kong announced the official launch of the Chongqing-Hong Kong Cross-boundary Data Verification Platform (the Chongqing-Hong Kong Platform). The new cross-boundary data verification mechanism jointly established with Chongqing is one of the measures in the Chief Executive's 2026 Policy Address to promote the orderly flow of financial factors between the two places. The Chongqing-Hong Kong Platform was established under the joint coordination of the Hong Kong Monetary Authority (HKMA) and the People's Bank of China Chongqing Branch, the Office of the Financial Committee of the CPC Chongqing Municipal Committee, the Office of the Cybersecurity and Information Committee of the CPC Chongqing Municipal Committee, and the Hong Kong and Macao Affairs Office of the Chongqing Municipal People's Government.