Lifting of the mainland's capital controls will leave very little for Hong Kong to offer in the offshore yuan business. Photo: AFP
Enoch Yiu
Opinion

Opinion

Enoch Yiu

Offshore yuan centres not the biggest threat to Hong Kong's financial sector

The real threat to the city's yuan business is the possibility of Beijing opening up capital markets

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Lifting of the mainland's capital controls will leave very little for Hong Kong to offer in the offshore yuan business. Photo: AFP
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.