HKEX Studies Including RMB Counter Securities into Stock Connect Scheme & Launching RMB Govt Bond Futures: Nicolas Aguzin

HKEX's CEO Nicolas Aguzin expressed during an interview with The Paper that the official launch of the HKD-RMB Dual Counter Model is an exciting innovation that transforms Hong Kong into the world's first market to implement a dual-currency counter structure.

Such an innovative operational model should further solidify Hong Kong's position as the world's largest offshore RMB hub while facilitating the use of RMB in Hong Kong's stock market trading and expanding the scope of RMB investment products, he added.

HKEX is exploring the possibilities of including RMB counter securities into the Stock Connect Scheme and launching RMB-denominated government bond futures, Aguzin elaborated.