[Hong Kong FinTech Week Opens, Central Bank Launches Three Measures to Promote Financial Digitalization] The main forum of Hong Kong 'FinTech Week × StartmeupHK Entrepreneurship Festival 2025' has officially commenced. Hong Kong Chief Executive John Lee Ka-chiu stated that Hong Kong will support mainland technology enterprises in fundraising, encourage overseas companies to pursue secondary listings, and welcome the return of Chinese concept stocks. The Hong Kong Monetary Authority plans to provide longer-term RMB financing support for enterprises through the currency swap mechanism with the People's Bank of China. Deputy Governor of the People's Bank of China, Lu Lei, announced three initiatives, including promoting the implementation of 'AI+Finance' policies, facilitating the compliant cross-border flow of financial data elements, and strengthening regulatory collaboration with Hong Kong and Macau while conducting cross-border innovation testing. Additionally, the central bank will expand onshore CIPS operations, launch 'Northbound Connect/Southbound Connect' settlement and Hong Kong dollar clearing services to optimize the efficiency of cross-border bond transaction settlements between the two regions.