According to CoinMeta, the Hong Kong Financial Development Council released a report on November 11th titled "Strengthening Hong Kong's Position as an International Asset and Wealth Management Hub: Attracting Patient Capital." The report puts forward core policy recommendations aimed at consolidating Hong Kong's status as a leading international asset and wealth management hub in Asia. It suggests studying the inclusion of mainland pension funds in the Bond Connect "Southbound Link," and incorporating target-date funds, long-term funds, as well as environmental, social, and governance (ESG) funds into the Cross-Border Financial Management Link and fund mutual recognition arrangements. At the same time, it promotes the "Insurance Connect" as a regulated cross-border financial interconnection bridge.