Odaily Planet Daily reports that Au Chun Hing, Managing Partner of Deloitte China's South China Region, stated that "interconnectivity" plays a positive and crucial role in the integrated development of Guangdong, Hong Kong and Macau. It also opens up broader markets for the financial industry, further promoting cross-border RMB flow and use. Meanwhile, Hong Kong is actively attracting various types of capital into industrial development and technological innovation, contributing to the technological innovation and industrial transformation and upgrading within the Greater Bay Area. Regarding the application of digital currencies in cross-border payments, Au Chun Hing pointed out that the development of Web3.0 technology and its ecosystem has accelerated the process of digital transactions and tokenized asset settlement. Recently, businesses have utilized blockchain technology to tokenize mainland charging station assets as Real World Assets (RWAs) and issue them, obtaining the first cross-border financing in Hong Kong. This enables high-quality mainland assets to connect with the development of fintech, while Hong Kong can leverage its advantages in digital asset development and regulation to finance these promising projects and trade their tokenized assets. In terms of bonds, many provinces and cities in mainland China have issued RMB bonds in Hong Kong in recent years. Hong Kong also possesses the largest pool of RMB funds outside mainland China, with deposit scale exceeding RMB 1 trillion, supporting a thriving offshore RMB business. Hong Kong's RMB Real-time Payment System facilitates RMB payments by banks around the world and plays a key role in cross-border RMB payments. (Sing Pao)