On June 6, according to a report by Hong Kong Radio, a spokesperson for the Hong Kong Monetary Authority (HKMA) stated that Hong Kong's regulatory agencies 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 required banks to adopt high business standards similar to those of the SFC. The spokesperson noted that the banking sector has implemented the latest regulatory requirements outlined by 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, ensuring that business operations are compliant and orderly, which is a constant regulatory requirement. Mainland residents can allocate assets and invest in eligible 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.