05/06/2026
To accelerate the digitalisation of financing, the Hong Kong Monetary Authority (HKMA) has launched 20 pilot projects in collaboration with 21 banks to run throughout 2026 and 2027. These projects, which will also engage relevant government agencies and key stakeholders, are part of , a public–private partnership introduced by the HKMA last year. CargoX aims to centralise cargo and trade data to make it easier for banks to verify transactions and conduct credit assessments, improving access to trade finance. It will also explore the potential role of CorpID and examine ways to incorporate trading data from the Chinese Mainland and ASEAN markets to enhance 's connectivity with key trade corridors.
As part of its mission to support business and commerce, the is also helping companies leverage advances in digital trade to unlock new efficiencies, mitigate risks and enable sustainable growth. More than 200 SMEs attended a digital trade masterclass last year that was co-hosted by the HKTDC and the International Chamber of Commerce Digital Standards Initiative. A digital trade workshop will also be a key highlight at this year's Asian Logistics, Maritime and Aviation Conference ( ).
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Project aims to help SMEs tackle growing complexity in global trade.