HKMA's 20-Point Roadmap to Modernize Hong Kong's Trade Finance Ecosystem

“For Hong Kong to remain competitive, advancing digital trade finance infrastructure and broadening access to small and medium-sized enterprises [SMEs] will be key priorities,” Lee said in an interview ahead of the road map’s release on Monday. “Project CargoX marks a pivotal step in modernising Hong Kong’s trade finance ecosystem by integrating advanced digital solutions, optimising cargo and trade data connectivity through our next-generation Credit Data Interchange [CDI] infrastructure, and strengthening international links.” The CDI, launched in October 2022, is an electronic platform that allows 26 banks to use data from 17 providers to determine the creditworthiness of SMEs. The CDI had facilitated more than 82,000 loan applications worth HK$66.4 billion (US$9.5 billion) as of December 2025, according to HKMA data. Loan approvals using CDI data were faster and carried interest rates 36 basis points lower on average than those without, Lee said.