Helicopters flew China’s national flag and the Hong Kong Special Administrative Region’s standard over Central district to mark the 25th anniversary of Hong Kong’s handover to Chinese rule on 1 July 2022. Photo: Nora Tam.
Helicopters flew China’s national flag and the Hong Kong Special Administrative Region’s standard over Central district to mark the 25th anniversary of Hong Kong’s handover to Chinese rule on 1 July 2022. Photo: Nora Tam.

Hong Kong gets a shot in the arm as China’s offshore financial hub with new products and deeper yuan pool in expanded Connect scheme

  • Hong Kong and China will develop a Swap Connect programme for bonds this year, after formally kicked off the ETF Connect programme
  • The PBOC upgraded Hong Kong’s yuan settlement programme into a permanent arrangement and increased the allocation by 60 per cent to 800 billion yuan

Helicopters flew China’s national flag and the Hong Kong Special Administrative Region’s standard over Central district to mark the 25th anniversary of Hong Kong’s handover to Chinese rule on 1 July 2022. Photo: Nora Tam.
Helicopters flew China’s national flag and the Hong Kong Special Administrative Region’s standard over Central district to mark the 25th anniversary of Hong Kong’s handover to Chinese rule on 1 July 2022. Photo: Nora Tam.
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