LINE

Text:AAAPrint
Economy

HK to build up offshore renminbi assets market(3)

1
2022-01-06 08:23:49China Daily Editor : Li Yan ECNS App Download

Screens show the closing prices of Hong Kong stocks on Monday. (Photo by Chen Yongnuo/China News Service)

In March, the 13th National People's Congress approved the outline for the 14th Five-Year Plan, which supports Hong Kong strengthening its status as a global offshore renminbi business hub, an international asset management center and a risk management base.

In September, Southbound Bond Connect and Cross-boundary Wealth Management Connect were launched, underscoring the role of Hong Kong's financial market in providing a secure and reliable channel and gateway for opening up the nation's financial market.

Southbound Bond Connect provides mainlanders with a diversified channel to invest in offshore bond assets through Hong Kong, while Wealth Management Connect is the first mutual market access plan specifically designed for individuals in the Guangdong-Hong Kong-Macao Greater Bay Area to conduct cross-border investment.

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2022 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]