Skip to content
The Nexus
BUSINESSJul 7 · 09:17 UTCSCMP CHINAEnoch Yiu

Hong Kong yuan facility to expand 150% to US$73.6 billion to meet international demand

Hong Kong will expand its yuan facilities for banks by 150% to US$73.6 billion starting this Friday. The city will also introduce a new electronic fixed income and currency trading system to promote yuan trading, as announced by local market regulators.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Hong KongplaceHong Kong Monetary AuthorityorganizationEddie YuepersonRMB Business Facilitytopicelectronic fixed income and currency trading systemtopic
Spot something wrong with this article?Report a problem →
Forward this
Related Signal

Adjacent reporting