Core Insights - The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) held the first Hong Kong Fixed Income and Currency Forum, focusing on strategic insights and visions for the fixed income and currency markets in Hong Kong and the Asia-Pacific region [1][2] Group 1: Market Opportunities - The fixed income and currency markets are essential tools for risk management and enhancing resilience, presenting significant growth opportunities for issuers, investors, and intermediaries [1] - Hong Kong aims to create a more vibrant fixed income investment ecosystem, generating lasting value and new opportunities for international issuers and investors [2] Group 2: Strategic Initiatives - Key initiatives include strengthening market infrastructure, enhancing market liquidity, and embracing financial innovation, such as tokenization of real assets [2] - The SFC plans to expand the issuance of RMB fixed income products and improve the liquidity of the offshore RMB fixed income market [2][3] Group 3: Regulatory Enhancements - The People's Bank of China (PBOC) will increase the daily trading net limit for interest rate risk management from 20 billion RMB to 45 billion RMB, facilitating investor participation [3] - The PBOC will support various foreign institutional investors in engaging in bond repurchase activities in the Chinese bond market, enhancing the efficiency of RMB bond usage [3]