Story thread · 5 reports / 4 sources

Hong Kong’s yuan pool is growing. Can it turn liquidity into global demand?

scmp.com · 8d

Hong Kong’s yuan pool is growing. Can it turn liquidity into global demand?

Hong Kong’s top financial regulators have urged local banks to make greater use of the city’s growing pool of offshore yuan liquidity, while also flagging the need to prepare for a coming wave of autonomous AI systems used in the financial sector. Speaking at the Hong Kong Association of Banks (HKAB) Distinguished Speaker Luncheon, Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), called on lenders to leverage their international networks to expand the Chinese...

First report: Lee says banks have key role to play in five-year plan rthk.hk, 11d

The coverage

  1. Hong Kong targets bigger offshore yuan role, mainland links, in first 5-year plan

    investing.com · 10d

  2. HK’s Lee Says City to Expand Offshore Yuan Usage in 5-Year Plan

    bloomberg.com · 10d

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