News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
CN NAFR Supports Banks, Insurers to Issue RMB Bonds/ Stocks to Enhance HK Status as CNH Hub
Hong Kong is an international RMB business center, where 70% of global RMB transactions are cleared in Hong Kong, Chinese media cited Jiang Bo, Director of the International Cooper...
Reset
Send
The window will close in 5 seconds
CN NAFR Supports Banks, Insurers to Issue RMB Bonds/ Stocks to Enhance HK Status as CNH Hub
Close
Recommend
25
Positive
46
Negative
13
 
SHORT SELL
 
STOCK INFO

Hong Kong is an international RMB business center, where 70% of global RMB transactions are cleared in Hong Kong, Chinese media cited Jiang Bo, Director of the International Cooperation Department (Hong Kong, Macao and Taiwan Affairs Office) of the National Administration of Financial Regulation (NAFR).

In terms of cooperation prospects, foreign financial institutions in Hong Kong are encouraged to expand their footprints in Hong Kong, Chinese banks and insurance companies are supported in issuing RMB-denominated bonds and stocks, and the development of Hong Kong's offshore RMB market is promoted to strengthen Hong Kong's position as an offshore RMB center.

Related NewsCiti Elevates HKEX (00388.HK) TP to $275, Keeps Rating at Sell on Unattractive Valuation

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.