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The Nexus
BUSINESSJul 7 · 01:26 UTCSCMP WORLDEnoch Yiu,Daisy Wu

Higher forex, southbound investment to give ‘vitality’ to Hong Kong: PBOC chief

The PBOC chief stated that mainland China's foreign reserves will increase asset allocation in Hong Kong, providing momentum for its capital market. The Bond Connect scheme's annual net investment quota will be raised to 800 billion yuan.

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Mentioned
Pan GongshengpersonPeople’s Bank of ChinaorganizationHong KongplaceBond ConnecttopicHong Kong FIC & Bond Connect Summitorganization
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