FS says HK key to national financial goals

FS says HK key to national financial goals

Financial Secretary Paul Chan on Sunday said Hong Kong would expand its renminbi-denominated bond market as part of efforts to strengthen its role as a safe, reliable offshore platform that fully aligns with international rules. Writing in his weekly blog, he said the government would also develop renminbi-denominated gold and commodity markets, to help strengthen the nation's pricing power in these areas. He noted the national five-year plan c…

Hong Kong plans to expand dim sum bond market and yuan-denominated gold trading

Hong Kong's strategic financial initiatives could significantly enhance its role as a global yuan hub, strengthening economic ties with China.

Hong Kong's Chan Says City to Expand Market for Dim Sum Bonds

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