[Photo/VCG] China unveiled new measures on Friday to enhance the connectivity between mainland and Hong Kong capital markets as the country’s latest step to expand its financial opening-up and reinforce Hong Kong’s position as an international financial center. The China Securities Regulatory Commission said it will, in collaboration with its Hong Kong counterpart, expand the … Continue reading New measures unveiled to further boost capital markets
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Discussion in place for international investors to use renminbi bonds as collateral
A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] Financial authorities from the Chinese mainland and Hong Kong are mulling to facilitate international investors using their renminbi bond holdings as collateral for other products linked to renminbi-denominated assets to further promote financial opening-up. Rico Leung, … Continue reading Discussion in place for international investors to use renminbi bonds as collateral