BUSINESSJun 9 · 12:33 UTCSCMP WORLDZhu Wenqian,Enoch Yiu

Beijing regulators expect Hong Kong to press advantage as offshore yuan hub

China’s market regulators support Hong Kong’s role as an international financial center and offshore yuan hub. The Hong Kong Association of Banks chairman, Sun Yu, emphasized the need for Hong Kong banks to deepen engagement in offshore market development to boost yuan adoption.

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