Dossier
offshore yuan hub
Coverage of offshore yuan hub in the Nexus archive.
- Hong Kong to roll out measures boosting offshore yuan trading in July: finance chief
Hong Kong will implement measures in July to enhance its role as an offshore Chinese yuan hub, aiming to increase renminbi-traded stocks. The finance chief announced these plans amid the city's 29th anniversary of its return to Chinese rule.
- 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.