BUSINESSSCMP WORLD
Hong Kong readies offshore yuan initiatives after Shanghai move
Hong Kong’s finance chief Paul Chan Mo-po announced plans for new initiatives to boost offshore yuan trading, set to be revealed next month, following mainland China’s recent efforts to stimulate such trading in Shanghai. Hong Kong also aims to increase the availability of yuan-denominated shares on its stock exchange.
Mentioned
Related Signal
Adjacent reporting
- Hong Kong to roll out measures boosting offshore yuan trading in July: finance chief
- China Links Offshore, Onshore Yuan in Tweak Toward Broader Use
- Hong Kong sets August debut for long-awaited offshore yuan bond futures
- Beijing regulators expect Hong Kong to press advantage as offshore yuan hub
- Portugal Sells Offshore Yuan Bonds in First For Euro-Area
- Hong Kong considers new offshore yuan venture fund for tech, emerging industries