/大湾区经济网香港频道获悉/ 1月26日，香港金融管理局在官网发布新闻稿，宣布将人民币业务资金安排的总额度由目前的1000亿元人民币增加至2000亿元 人民币，新额度将于2月2日起正式生效。 香港金管局总裁余伟文表示，将安排的总额度增至2000亿元人民币，是为了配合市场的发展需要，适时提供充足的人民币流动性，协助银行拓展人民币业 务，支持实体经济健康发展。同时 将进一步巩固和提升香港国际金融中心和离岸人民币业务枢纽的地位，为香港的金融市场发展注入新的动力。 图为 香港金融管理局官网截图。 据了解，在中国人民银行的大力支持下，香港金管局借助与人行的货币互换安排，于2025年1月推出人民币业务资金安排，升级替代了同年2月出台的人民币 贸易融资流动资金安排。该安排为银行提供了稳定、成本较低的人民币资金，使得银行能够有更充裕的资金向企业客户提供人民币融资，有力地支持了实体 经济中人民币的广泛使用。同时，这项安排有序地将在岸人民币引入离岸市场，通过香港辐射到世界其他地区，进一步巩固了香港作为全球离岸人民币业务 枢纽的独特优势。 自升级安排推出以来，银行业界反应踊跃，1000亿元人民币的总额度已全数分配给40家参与银行。 ...

金管局总裁余伟文表示，衷心感谢人民银行的大力支持，令人民币业务资金安排得以不断升级扩容。安 排的总额度增至2000亿元人民币，令金管局可以配合市场的发展需要，适时提供充足的人民币流动性， 协助银行拓展人民币业务，支持实体经济健康发展，同时进一步巩固提升香港国际金融中心和离岸人民 币业务枢纽的地位。 北京商报讯（记者 廖蒙）1月26日，香港金融管理局（以下简称"金管局"）官网宣布，其人民币业务资 金安排的总额度将由目前的1000亿元人民币增加至2000亿元人民币，新额度将于2月2日起生效。 据介绍，金管局借助与人民银行的货币互换安排，在2025年10月推出人民币业务资金安排，升级替代同 年2月出台的人民币贸易融资流动资金安排。这项新举措为银行提供稳定、成本较低的人民币资金，让 银行有更充裕的资金向企业客户提供人民币融资，支持在实体经济中更广泛地使用人民币。这项安排有 序地将在岸人民币引入离岸市场，经香港辐射到世界其他地区，进一步强化香港作为全球离岸人民币业 务枢纽的独特优势和地位。 ...

Domestic News - The Ministry of Commerce announced that by 2026, the focus will be on expanding market access and opening up sectors, particularly in services such as telecommunications, healthcare, and education, to promote the professional, integrated, and digital development of foreign-invested enterprises in the service industry [1] - The People's Bank of China, represented by Deputy Governor Zou Lan, stated that it will support the Hong Kong Monetary Authority in increasing the scale of RMB business funding arrangements from 100 billion to 200 billion yuan, enhancing liquidity support for the offshore RMB market [1] Economic Data - According to the State Taxation Administration, retail sales in the daily household appliances, kitchenware, and mobile communication devices sectors are projected to grow by 17.4%, 12.9%, and 18.6% respectively in 2025 [2] - The sales volume and revenue of new energy passenger vehicles are expected to increase by 24.3% and 21.1% respectively [2] - Domestic travel by residents is projected to reach 6.522 billion trips in 2025, an increase of 9.07 billion trips or 16.2% year-on-year [2] - The Guangdong provincial government aims for a GDP growth of 4.5% to 5% in 2026, with public budget revenue increasing by around 3% [2] Housing Policies - The Tianjin government has released new regulations for personal housing provident fund loans, which include raising the maximum loan limit and extending the maximum loan term for second-hand housing [3]

【导读】黄金股狂欢！香港金管局重磅宣布，人民币业务资金安排总额度增至2000亿元 中国基金报记者 伊万 1月26日，港股全日呈现高开低走行情，最终三大指数涨跌不一，仅恒生指数收涨。截至收盘，恒生指数涨0.06%，报26765.52点；恒生科技指数跌 1.24%，报5725.99点；恒生国企指数跌0.15%，报9147.21点。 盘面上，大型科技股涨跌不一，京东涨超1%，百度、快手跌超3%，小米跌超2%，阿里巴巴跌超1%；石油股强势，中石油涨超3%；金价高涨，黄金股普 涨，中国黄金国际涨超8%；有色金属股普涨，洛阳钼业涨超6%，山东黄金、紫金矿业涨超4%。 另一方面，商业航天股持续下跌，亚太卫星跌超11%；应用软件弱势，九方智投跌超25%。 1月26日，香港金融管理局（金管局）宣布，其人民币业务资金安排的总额度将由目前的1000亿元人民币增加至2000亿元人民币，新额度将于2月2日起生 效。 黄金股狂欢 1月26日，现货黄金站上5100美元/盎司，续创历史新高。 黄金股普涨，中国黄金国际涨超8%，赤峰黄金涨超7%，山东黄金、紫金矿业、灵宝黄金涨超4%，招金矿业、紫金黄金国际涨超1%。 | 中国黄金国际 | 23 ...

人民财讯1月26日电，1月26日，中国人民银行副行长邹澜在第19届亚洲金融论坛上表示，香港已成为全 球最大、最具影响力的人民币离岸业务枢纽。下一步，中国人民银行将坚定支持并继续稳步推进香港离 岸人民币市场建设。增加人民币业务资金安排规模，为香港离岸市场提供更加充裕的流动性支持。为更 好满足市场需求，中国人民银行支持香港金管局将人民币业务资金安排规模由1000亿元增加至2000亿 元。同时支持香港人民币清算行通过发行同业存单、账户融资等多种方式，从境内市场获取不同期限人 民币流动性，多措并举提升香港离岸人民币流动性水平。 （文章来源：上海证券报） ...

Core Viewpoint - The Hong Kong Monetary Authority (HKMA) has expanded the list of banks participating in the second phase of the Renminbi (RMB) business funding arrangement to 40 banks, increasing the total allocation from 50 billion RMB to 100 billion RMB [1][3]. Group 1 - The second phase of the RMB business funding arrangement began on December 1, allowing the 40 participating banks to borrow RMB funds from the HKMA within the allocated limits [1][3]. - The funding is aimed at providing RMB financing services for enterprises in Hong Kong and overseas, supporting the real economy [1][3]. - HKMA's Chief Executive, Eddie Yue, stated that the authority will continuously review the implementation of the new arrangement and consider introducing more participating banks based on actual operations and market demand [3].

Core Viewpoint - The Hong Kong Monetary Authority (HKMA) has expanded the second phase of the Renminbi (RMB) liquidity arrangement, increasing the number of participating banks to 40 and doubling the total allocation to RMB 100 billion [1][3]. Group 1: RMB Liquidity Arrangement Phases - The RMB liquidity arrangement is being implemented in three phases, with the first phase launched on October 9, 2023, allowing recognized institutions to benefit from lower interest rates and simplified processes [2][3]. - The second phase commenced on December 1, 2023, enabling 40 participating banks to borrow RMB funds from the HKMA to provide financing services for local and overseas enterprises [3]. - The scope of eligible RMB funding uses has been expanded to include capital expenditures and term loans for working capital, reflecting positive feedback from the banking sector [3][4]. Group 2: Future Developments - The third phase of the RMB liquidity arrangement is set to begin on February 2, 2026, with additional optimizations to support collateral management for repurchase transactions [4]. - Participating institutions in the third phase must prepare for operational readiness by the end of January 2026 and engage with the Centralized Debt Instrument Settlement System for workflow planning [4]. Group 3: Strategic Goals - The HKMA aims to enhance the stability of RMB trade financing services and solidify Hong Kong's position as a global offshore RMB business hub through the new financing arrangement [6]. - The HKMA's president emphasized the commitment to regularly review the implementation of new arrangements and consider adding more participating banks to support broader RMB usage in the real economy [6].

Core Viewpoint - The Hong Kong Monetary Authority (HKMA) has expanded the number of banks participating in the Renminbi (RMB) liquidity arrangement to 40, doubling the total allocation from RMB 50 billion to RMB 100 billion [1][4]. Group 1: RMB Business Funding Arrangement - The RMB business funding arrangement is being implemented in three phases, with the first phase launched on October 9, allowing recognized institutions to access reduced interest rates and simplified processes [4]. - The second phase began on December 1, enabling 40 participating banks to borrow RMB funds from HKMA to provide financing services for local and overseas enterprises [4]. - The scope of eligible RMB funding uses has been expanded to include capital expenditures and term loans for working capital [4][7]. Group 2: Future Developments - The third phase of the RMB business funding arrangement will commence on February 2, 2026, introducing automated solutions for collateral management in repurchase transactions [5]. - Participating institutions must prepare for operational readiness by the end of January 2026 and engage with the Centralized Debt Instrument Settlement System [5]. Group 3: Industry Impact - The new RMB business funding arrangement aims to enhance the terms and broaden the scope of eligible RMB financing activities, replacing the previous RMB trade financing liquidity arrangement [7][8]. - The HKMA's president emphasized the commitment to continuously review the implementation of the new arrangements and consider adding more participating banks to support the broader use of RMB in the real economy [8].

Core Viewpoint - The Hong Kong Monetary Authority (HKMA) has expanded the number of banks participating in the Renminbi (RMB) business funding arrangement to 40, doubling the total allocation from RMB 50 billion to RMB 100 billion [2][4]. Group 1: RMB Business Funding Arrangement - The RMB business funding arrangement is being rolled out in three phases, with the first phase starting on October 9, which allows recognized institutions to enjoy lower interest rates and simplified processes for RMB trade financing [3][4]. - The second phase began on December 1, allowing the 40 participating banks to borrow RMB funds from the HKMA to provide financing services for local and overseas enterprises [4][5]. - The scope of eligible RMB funding uses has been expanded to include RMB capital expenditures and regular working capital loans, receiving positive feedback from the banking sector [4][5]. Group 2: Future Developments - The third phase of the RMB business funding arrangement is set to begin on February 2, 2026, with additional optimizations to support collateral management for repurchase transactions [5]. - The collateral management process will transition from manual handling to a more automated solution using a central settlement system for debt instruments, enhancing efficiency in collateral lifecycle management and settlement [5]. - Institutions participating in the third phase must prepare for operational readiness by the end of January 2026 and engage with the central settlement system to plan their internal workflows [5]. Group 3: Strategic Importance - The HKMA aims to strengthen Hong Kong's position as a global offshore RMB business hub through these arrangements, which are designed to provide a stable source of RMB funding for trade financing [6][7]. - The HKMA's president emphasized the ongoing review of the arrangements to adapt to market needs and potentially introduce more participating banks to support broader RMB usage in the real economy [7].

Core Points - The Hong Kong Monetary Authority (HKMA) is launching the "Renminbi Business Funding Arrangement" starting from October 9, 2025, to replace the "Renminbi Trade Financing Liquidity Arrangement" introduced in February 2025, with multiple optimization measures and expanded eligible funding uses [1][2] - This new arrangement aims to provide enterprises with long-term Renminbi financing for trade, daily operations, and capital expenditures, thereby supporting the real economy's use of Renminbi [1] - The total quota for the "Renminbi Business Funding Arrangement" is set at 100 billion Renminbi, to be implemented in three phases [2] Industry Insights - The demand for Renminbi as a financing currency has significantly increased, as evidenced by the loan-to-deposit ratio for Renminbi in the banking sector rising from approximately 20% in September 2022 to over 90% in June 2025, indicating a growing need for long-term Renminbi loans among enterprises [1] - The HKMA's previous initiatives, including the introduction of the Renminbi Liquidity Facility in June 2012 and the Renminbi Trade Financing Liquidity Arrangement in February 2025, have been responses to the evolving offshore Renminbi market and its liquidity needs [2] - The new arrangement is expected to enhance Hong Kong's position as a leading global offshore Renminbi business hub by broadening the scope of eligible funding uses compared to the previous arrangement [2] Future Outlook - As the use of Renminbi in cross-border investments becomes more convenient, interest from foreign investors in Renminbi assets is anticipated to grow, promoting the internationalization of Renminbi asset allocation [3] - Strengthening regulatory coordination and cross-border cooperation is essential, including enhancing the interconnectivity of cross-border payment systems, improving financial infrastructure, and developing cross-border settlement mechanisms [3]