Core Viewpoint - The Chief Executive of the Hong Kong Special Administrative Region, John Lee, announced a new policy report emphasizing Hong Kong's position as the world's largest offshore RMB business hub and outlining measures to enhance RMB market liquidity and global outreach [1] Group 1: RMB Market Initiatives - The Hong Kong Monetary Authority (HKMA) will utilize the currency swap agreement with the People's Bank of China to establish a new "RMB Business Funding Arrangement" [1] - This arrangement aims to provide long-term RMB financing to enterprises for trade, daily operations, and capital expenditures, thereby supporting the real economy's use of RMB [1] - The HKMA will also explore more diversified channels for cross-border funding access to provide stable and cost-effective RMB liquidity to the market [1] Group 2: Forex Trading Enhancements - The HKMA is researching ways to facilitate more convenient foreign exchange quoting and trading of RMB with local currencies in the region [1]
李家超：香港金管局将设立新的“人民币业务资金安排”
Sou Hu Cai Jing·2025-09-17 07:40