Unleash the Power of Data

through Commercial Data Interchange (CDI)

Next-Generation Financial Data Infrastructure

CDI aims to enable more efficient financial intermediation in the banking system and enhance financial inclusion in Hong Kong.

Instead of multiple one-to-one connections, each bank and data provider will have a single connection to CDI. Data sharing has never been easier.

Potential use cases

Credit Underwriting

Enhance risk assessment with alternative data

Product Development

Promote innovation in financial products and services with market data

Customer Acquisition

Provide services to more customers at scale

Know Your Customer (KYC)

Verify identity and business activities from different sources

Business Intelligence

Gain insights from data analytics

Key Features

Consent-based Sharing

Consent-based Sharing

Commercial data will be shared only after data owners (e.g. small and medium-sized enterprises (SMEs)) have given their explicit consent to banks and data providers.

API Standardisation

Application Programming Interface (API) Standardisation

API and data models defined in CDI empower a more efficient data sharing mechanism and flexible use cases among CDI participants.

Innovation Stimulation

The design of CDI can accommodate high level of independency among CDI participants, fostering innovation in financial products and services with the use of alternative data.

Data Immutability

The blockchain design of CDI means audit records are immutable, traceable and verifiable, ensuring a proper audit trail. Nevertheless, CDI does not store any commercial data to uphold the principle of data protection and increase system efficiency.

Security and Trust

Only authorised entities (i.e. CDI participants) can connect with CDI and perform data exchange. All participants are identifiable and trusted.

Participants

0 +

Loan applications and reviews

0 +

Estimated credit approval amount

HK$ 0 B+

(From production launch to Mar 2026)

Benefitting SME Financing

This is one of the videos showcasing how Hong Kong-based SMEs can make use of alternative data via CDI and apply for bank loans. To see the rest of the videos, please visit the SME Stories page.

New World Development

New World Development continues to apply new technology to its businesses to enhance the customer journey, to improve our overall business efficiency, and to accelerate our sustainability efforts. As Hong Kong’s first property developer to join the HKMA’s Commercial Data Interchange, and by introducing the use of FinTech in the Group, we hope to create a win-win-win situation for SMEs to access financial services, for us to strengthen our partnership with ecosystem stakeholders, and to promote the adoption of FinTech and green supply chain in Hong Kong and across the Greater Bay Area.

Paul Sin

New World Development

Hang Seng Bank

We can serve our customers better by leveraging commercial data to streamline our processes and offer enhanced digital experiences. With improved insights into our customers’ businesses, we are better able to assess their needs and objectives, which allows us to provide tailor-made financial solutions for us to better help our customers grow.

Donald Lam

Hang Seng Bank

HSBC

CDI has broken new paths to enhance SMEs’ access to bank finance and advance financial inclusion in Hong Kong. Building on the success of our initiatives during the pilot stage, HSBC is pleased to be among the first group of banks to leverage the CDI platform to streamline business loan application journey. We will continue to work with different data providers to explore new use case and support the growth of Hong Kong’s fintech ecosystem along the way.

Frank Fang

HSBC

Standard Chartered Bank (Hong Kong) Limited

We are pleased that HKMA is launching CDI as a data infrastructure in the Fintech 2025 strategy. This is important to us as it streamlines the process of collecting our clients’ data in a secured and prompt manner, offers more comprehensive view of their business performance, and helps us develop more used cases by leveraging the SME’s alternative data generated during business operations. CDI can also help us provide better customer experience, drive for more product innovation and financial inclusion for the SME community.

Winnie Tung

Standard Chartered Bank (Hong Kong) Limited

Tradelink Electronic Commerce Limited

We are delighted to take part in the HKMA’s CDI initiative sharing our customers’ trade declaration data with banks that help them offer loan services to our SME customers who otherwise have difficulties in accessing such services. Through CDI and our partnership with Ping An OneConnect Bank (HK) Limited, we are happy to see the benefits brought to our customers and look forward to sharing more of such alternative data to help bring more values to the Hong Kong trading community as a whole.

Mr. Tommy Yuen, S.B.S.

Tradelink Electronic Commerce Limited

Our Partners

Chong Hing Bank

Companies Registry

eft Payments (Asia)

Ant Bank (Hong Kong)

FWD Life Insurance Company (Bermuda)

HKT Payment

DBS Bank (Hong Kong)

Dah Sing Bank

Ping An Digital Bank (International) Limited

QFPay Haojin Fintech

China CITIC Bank International

China Minsheng Banking Corp Ltd, Hong Kong Branch

Consented Data Exchange Gateway by Digital Policy Office

Fubon Bank (Hong Kong)

Tradelink Electronic Commerce

HKICL Technology Solutions Limited

Airport Authority Hong Kong

OCBC Bank (Hong Kong)

New World Development Company

Citibank N.A.

FreightAmigo

Hongkong and Shanghai Banking Corporation

Bank of Communications (Hong Kong)

Bank of China (Hong Kong)

Industrial and Commercial Bank of China (Asia)

Octopus Cards

JETCO

The Land Registry

Hong Leong Bank

Bank of East Asia

WeBank Technology Services

Lalamove

Nanyang Commercial Bank

Fusion Bank

Shanghai Commercial Bank

Chiyu Banking Corporation

Standard Chartered Bank (Hong Kong)

Dun & Bradstreet (Hong Kong)

CMB Wing Lung Bank

Livi Bank

Hang Seng Bank

PingAn OneConnect Credit Reference Services Agency (HK)

Public Bank (Hong Kong)

Know Your Customer

China Construction Bank (Asia)

GS1 Hong Kong

ZA Bank

News

HKMA launches CargoX Pilot Programme

Press Release

07/05/2026

HKMA launches CargoX Pilot Programme

Hong Kong Monetary Authority, Shanghai Data Bureau, and National Technology Innovation Center for Blockchain sign MoU to strengthen Shanghai-Hong Kong cooperation in digitised cargo trade and finance

Press Release

02/03/2026

Hong Kong Monetary Authority, Shanghai Data Bureau, and National Technology Innovation Center for Blockchain sign MoU to strengthen Shanghai-Hong Kong cooperation in digitised cargo trade and finance

HKMA publishes Project CargoX Recommendation Report

Press Release

19/01/2026

HKMA publishes Project CargoX Recommendation Report

The HKMA Unveils “Fintech 2030” at the Hong Kong FinTech Week 2025

Press Release

03/11/2025

The HKMA Unveils “Fintech 2030” at the Hong Kong FinTech Week 2025

Keynote Address at the Hong Kong FinTech Week 2025