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香港证监会执行董事叶志衡: 吸引更多发行人利用香港市场融资
Zheng Quan Shi Bao·2025-10-22 17:20

Core Viewpoint - The Hong Kong Securities and Futures Commission (SFC) plans to advance a series of key initiatives over the next six months to enhance the fixed income and currency markets in Hong Kong, focusing on four main pillars: promoting issuance, increasing liquidity, expanding offshore RMB business, and developing new generation infrastructure [1][2] Group 1: Promotion of Issuance - The SFC aims to attract more local and overseas issuers to utilize Hong Kong as a financing hub [1] - Government bonds will be issued to lead market development and promote Hong Kong's advantages to target market issuers and investors [1] Group 2: Increasing Liquidity - The SFC will implement an over-the-counter fixed income and currency derivatives system to enhance liquidity [2] - Efforts will be made to promote the development of a central counterparty for repurchase transactions in Hong Kong [2] Group 3: Expanding Offshore RMB Business - The SFC plans to expand the application of offshore RMB and improve the connectivity mechanism to enhance offshore RMB liquidity and increase the supply of RMB-related products [2] - This initiative aims to seize opportunities in the changing global market dynamics and diversification trends [1] Group 4: New Generation Infrastructure - The SFC will prepare for infrastructure development in the fixed income and currency markets to support the growth of new electronic trading platforms [2] - The application of tokenized fixed income and currency products will be implemented to strengthen Hong Kong's position as a leading international financial center [2]