Peter Wong, Chairman of HSBC Asia-Pacific, stated that Hong Kong should spare no effort in promoting the internationalization of the RMB.
Peter Wong pointed out that Hong Kong's primary advantage is its status as China's sole international financial center, and promoting the internationalization of the RMB will solidify this position. He suggested that Hong Kong should expand its RMB liquidity pool to develop more products, such as allowing direct purchase of Hong Kong stocks with RMB, thereby attracting more surplus RMB to invest in Hong Kong and making it the largest and strongest offshore RMB center.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:RTHK财经即时 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
The U.S. House of Representatives is in recess, and AI regulatory legislation will be postponed until after the midterm elections.
-
2
Bitcoin corporate treasuries bought just 5.9K BTC in three months as holdings remained at unrealized loss
-
3
Court documents reveal: OpenAI and Microsoft executives admit AI poses a substantial threat to journalism, with a Microsoft executive calling it potentially "the largest theft of labor in human history."
-
4
S&P 500 could still advance after a Fed hike, according to a Jefferies strategist
-
5
Microsoft AI Head Warns: Uncontrolled AI Could Lead to "Silicon Species" Competing with Humans, Criticizes Anthropic's Approach to AI
-
6
Japan's central bank interest rate hike probability for Sept. 17-18 meeting surges to nearly 100% after U.S. Treasury's July 31 yen intervention
-
7
U.S. equity futures rose, with Nasdaq 100 futures up nearly 1%, and the 10-year U.S. Treasury yield falling below 5%.
-
8
Lula, Bolsonaro Tied as Bank Scandal Weighs on Both Campaigns
-
9
UK FCA opens investigation into Euro Exchange Securities UK Ltd over alleged money laundering and terrorist financing offences
-
10
The New York Times reported that OpenAI employees were aware that AI posed an "existential threat" to publishers.
Markets Today
Recommended Reading


