On June 6, according to a report from Hong Kong Radio, a spokesperson for the Hong Kong Monetary Authority (HKMA) stated that Hong Kong's regulatory bodies have maintained close and regular communication with their mainland counterparts. In response to a circular from the Hong Kong Securities and Futures Commission (SFC) requiring brokers to take additional measures for the opening and management of accounts for mainland investors, the HKMA has also mandated that banks adopt high business standards similar to those of the SFC. The spokesperson noted that the banking sector has implemented the latest regulatory requirements from the HKMA to ensure that account opening processes are compliant and orderly. The HKMA emphasized that Hong Kong banks have always maintained rigorous account opening procedures to ensure business compliance and orderliness, which are part of ongoing regulatory requirements. Mainland residents can allocate assets and invest in qualified financial products through various legal cross-border investment channels, including the Cross-Border Wealth Management Connect, or invest through mainland brokers via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.