Glonghui, May 17 | The Hong Kong Monetary Authority announced the expansion of the digital yuan pilot in Hong Kong. Hong Kong Telecom (6823.HK) said that in order to help expand the scope of the digital yuan pilot in Hong Kong, HKT's stores and e-commerce platforms, such as io.t by HKT, csl, 1O1O and The Club, will accept digital yuan payments from customers starting in the third quarter. The Group is also actively exploring the use of its mobile electronic cash register “smart POS” to support digital yuan payments and facilitate more small and medium-sized retailers to accept digital yuan payments. Hong Kong Telecom Group Managing Director Xu Hanqing said that the People's Bank of China and the HKMA are welcome to expand the scope of the digital yuan pilot in Hong Kong. The Group has always been at the cutting edge of technological development and actively cooperates with various industries to promote the development of Hong Kong's digital economy. Through the Group's huge ecosystem, it can provide different application scenarios for digital yuan, allow local residents and visitors to enjoy a faster and more convenient payment experience, and at the same time open up new payment sources for SMEs, and promote the popularization and application of digital yuan in Hong Kong.