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HKMA Partners to Revolutionize Digital Cargo Trade Finance

3/2/2026

Summary

Story summary

The Hong Kong Monetary Authority (HKMA) signed a memorandum of understanding with Shanghai Data Bureau and National Technology Innovation Centre for Blockchain to boost digitised cargo trade finance collaboration.
HKMA deputy chief executive Howard Lee Tat-chi said the partnership advances financial innovation and aims to integrate mainland China's cargo and trade data with global data systems.
The agreement will explore electronic bills of lading, moving away from traditional paper documents.

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Story summary

The Hong Kong Monetary Authority (HKMA) signed a memorandum of understanding with Shanghai Data Bureau and National Technology Innovation Centre for Blockchain to boost digitised cargo trade finance collaboration.
HKMA deputy chief executive Howard Lee Tat-chi said the partnership advances financial innovation and aims to integrate mainland China's cargo and trade data with global data systems.
The agreement will explore electronic bills of lading, moving away from traditional paper documents.