固定收益及货币市场数字化
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香港证监会和香港金管局联合公布《固定收益及货币市场发展路线图》
Shang Hai Zheng Quan Bao· 2025-09-25 12:23
Core Viewpoint - The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority have jointly released a roadmap aimed at establishing Hong Kong as a global center for fixed income and currency markets, focusing on enhancing demand and liquidity while promoting innovation [1] Group 1: Key Measures - The roadmap outlines ten key measures centered around four pillars: primary market issuance, secondary market liquidity, offshore RMB business, and new-generation infrastructure [1] - Proposed measures include issuing government bonds to lead market development and promoting Hong Kong's advantages to targeted issuers and investors [1] - Implementation of an over-the-counter fixed income and currency derivatives system is also part of the roadmap [1] Group 2: Future Policy Direction - The roadmap will serve as a blueprint for the future policy-making and implementation efforts of the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority over the coming years [1] - Strengthening the fixed income and currency market is deemed crucial for enhancing Hong Kong's status as an investment and fundraising center [1] Group 3: Strategic Goals - The Hong Kong Monetary Authority aims to further solidify Hong Kong's position as a leading offshore RMB business hub while promoting innovation in response to market changes [1] - The authority will leverage opportunities arising from trends such as RMB internationalization and the digitalization of fixed income and currency markets [1]