Core Viewpoint - The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have jointly announced a "Roadmap for the Development of Fixed Income and Money Markets" aimed at positioning Hong Kong as a global hub for fixed income and currency markets through demand, liquidity, and innovation [1][2] Group 1 - The roadmap outlines four key pillars: primary market issuance, secondary market liquidity, offshore RMB business, and next-generation infrastructure, serving as a blueprint for future policy development by the SFC and HKMA [1] - Ten initiatives are proposed to consolidate Hong Kong's existing advantages, including attracting issuers to use Hong Kong as a fundraising hub and providing risk management and liquidity management tools for issuers and investors [1] - The roadmap emphasizes the need to enhance the scale and liquidity of offshore RMB usage and to develop next-generation financial infrastructure to empower market innovation [1] Group 2 - The HKMA's Chief Executive, Eddie Yue, stated that the government will continue to strengthen its advantages to develop Hong Kong as a global fixed income center and further solidify its position as a leading offshore RMB business hub [2] - The government will respond to market changes and promote innovation to seize opportunities arising from trends such as RMB internationalization and the digitization of fixed income and money markets [2]

他表示，香港被视为避风港，又可以为市场提供理想资源，资本涌入香港，港股情况亦正反映这种势 头。 他续指，路线图体现政府与市场的共同承诺，巩固香港作为主要固定收益及货币中心的地位，确保市场 保持竞争力、包容性和全球联系，并指在地缘政治紧张、单边主义抬头情况下，香港再次吸引全球投资 者目光。国际投资者寻求资产配置多元化，类似DeepSeek的中国科技企业重新燃点市场对中国科技实 力和投资前景的乐观情绪。 智通财经APP获悉，9月25日，香港证监会与香港金管局联合举办首届"香港固定收益及货币论坛"。香 港财政司司长陈茂波在论坛上表示，今日稍后香港证监会和香港金管局将联合公布《固定收益及货币市 场发展路线图》，内容围绕4大重点领域10项举措，包括促进一级市场发行、增强二级市场流动性、拓 展离岸人民币业务以及构建新一代市场基础设施。 ...