According to RTHK, the Financial Services Development Council (FSDC) of Hong Kong recommended in a new report that the city attract long-term "patient capital" from local, mainland, and overseas pension funds and insurance institutions to build a long-term capital hub. The report proposes enriching investment products such as bonds and equities, strengthening risk controls, and broadening cross-border investment channels for the pension and insurance sectors. These are recommendations from the report and do not constitute newly enacted cross-border investment policies.