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The Nexus
BUSINESSJul 7 · 09:17 UTCSCMP WORLDEnoch Yiu

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

Hong Kong is expanding its yuan facilities by 150% to US$73.6 billion to meet international demand, effective this Friday. The city is also introducing a new electronic fixed income and currency trading system to promote yuan trading, as announced by local market regulators.

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Mentioned
Hong KongplaceHong Kong Monetary AuthorityorganizationEddie YuepersonRMB Business Facilitytopicelectronic fixed income and currency trading systemtopic
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