BUSINESSSCMP CHINA
Hong Kong well placed to help Central Asia grow yuan trade, leading banker says
Hong Kong is positioned as a hub for Central Asian countries to expand yuan trade due to its comprehensive renminbi financial ecosystem, according to Stephen Chan Man of Bank of China (Hong Kong). A delegation led by Chief Executive John Lee Ka-chiu will visit Kazakhstan and Uzbekistan to deepen financial ties.
Mentioned
Related Signal
Adjacent reporting
- Russia Starts Offering Yuan Bonds After Putin’s Visit to Beijing
- China’s Yuan Drive Creates an ‘Opening,’ Euroclear Chief Says
- For a yuan in deeper markets, ex-Fed’s Evans cites dollar playbook amid risks, criticism
- How China became Russia's economic lifeline
- Russia Unveils Yuan Bond Sale Plan After Putin Visit to China
- Equity Bank Plans African Expansion