Shenzhen Qianhai Shenzhen-Hong Kong International Financial City has been settled by 503 financial institutions, and foreign-funded financial institutions account for nearly 30%.

Recently, the China Banking and Insurance Regulatory Commission approved Fubon Bank Limited to establish a branch in Shenzhen. It is understood that this branch will be located in Qianhai, deepening cross-border financial layout and further enriching the international financial ecosystem of Qianhai. With the continuous improvement of financial reform and opening up, as well as the connection mechanism between Shenzhen and Hong Kong financial regulations, Qianhai, as a national financial industry open trial demonstration window and a cross-border RMB business innovation pilot zone, has further strengthened its functions. The financial industry is showing a trend of high-speed and high-quality development, with the added value increasing from 20.8 billion yuan in 2022 to 49.2 billion yuan in 2024, doubling in two years, and maintaining a growth trend of 13.8% in the first half of 2025. Currently, there are 503 financial institutions in the Qianhai Shenzhen-Hong Kong International Financial Center, with Hong Kong and foreign financial institutions accounting for nearly 30%. (Shenzhen Business Daily)