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Christopher Hui Striving to Swiftly Implement Inclusion of RMB Trading Counters in Southbound Stock Connect
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Christopher Hui, Secretary for Financial Services and the Treasury, stated at the Legislative Council's Panel on Financial Affairs meeting that Hong Kong's financial market has delivered shiny performance year to date. In terms of deepening mutual market access, he mentioned striving to swiftly implement the inclusion of RMB trading counters in Southbound Stock Connect and incorporating real estate investment trusts into mutual market access targets, encouraging more listed companies to increase RMB stock trading counters. Separately, the Hong Kong Monetary Authority is implementing a stablecoin issuer regime, while the Financial Services and the Treasury Bureau and the Securities and Futures Commission are formulating legislative proposals for licensing digital asset trading and custody services. AASTOCKS Financial News Website: www.aastocks.com |
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