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Chinese SOEs Consolidate Overseas Accounts into Treasury Hubs, Preferring Hong Kong
svmuu.com06/08/2026 23:09
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This move aims to address a broader crackdown on outflows of state cash and resolve fragmented cash management resulting from decades of overseas expansion, making it easier for regulators and company headquarters to track liquidity, foreign-exchange risk, and cross-border financing.
Source：SCMP商业 · Source Link
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