According to John Lee, Hong Kong will make every effort to i...

Spinee wrote a post · Oct 26, 2023 12:20

According to John Lee, Hong Kong will make every effort to include RMB counters in the Stock Connect Scheme and promote RMB-denominated trading of HK stocks. It aims to implement measures related to offshore RMB bond futures and diversify RMB investment vehicles.

$CNH/USD(CNHUSD.FX)$ $CNY/USD(CNYUSD.FX)$ $HKEX(00388.HK)$ $Hang Seng Index(800000.HK)$

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Tao Liu4 : As a result, all foreign capital was withdrawn from the Hong Kong stock market, and Hong Kong lost its low position as an Asian financial center

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