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WeBank Tech's 'SZ-HK Cross-Border Data Verification Platform' Unveiled at Data Summit
TENCENT (00700.HK) holds shares in WeBank, under which WeBank Technology joins the operation of the “Shenzhen-Hong Kong Cross-Border Data Verification Platform (DVP)”. ...
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WeBank Tech's 'SZ-HK Cross-Border Data Verification Platform' Unveiled at Data Summit
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TENCENT (00700.HK)  -15.000 (-2.727%)    Short selling $1.95B; Ratio 16.927%   holds shares in WeBank, under which WeBank Technology joins the operation of the “Shenzhen-Hong Kong Cross-Border Data Verification Platform (DVP)”.

The platform, unveiled at the Data Summit, serves as the first cross-border data verification service interfacing with the Hong Kong Monetary Authority (HKMA)'s “Commercial Data Interchange (CDI)”. It officially provides local institutions with secure, efficient, and reliable cross-border data verification services.

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Yao Huiya, Head of Digital Finance Development at WeBank, stated that DVP has by far served over 10 institutions, widely applied in scenarios such as corporate cross-border credit and financing.

In the future, the DVP platform will connect with more diverse data sources to further promote interconnectivity within the Guangdong-Hong Kong-Macao Greater Bay Area.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)


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