Remittances of yuan for cross-border trade settlements via Hong Kong came to 794.2 billion yuan in August, more than 20 times the figure 12 years ago. Photo: Shutterstock
Remittances of yuan for cross-border trade settlements via Hong Kong came to 794.2 billion yuan in August, more than 20 times the figure 12 years ago. Photo: Shutterstock

Dim sum bonds, yuan shares strengthen Hong Kong’s role as biggest offshore trading hub for Chinese currency, bankers say

  • ‘Hong Kong plays a key role in capitalising on the China opportunities,’ says Standard Chartered CEO ahead of key financial summit in Hong Kong
  • Growth of yuan business in Hong Kong is down to its ‘super connector’ role between mainland China and the world, says Alan Roch of Credit Agricole

Remittances of yuan for cross-border trade settlements via Hong Kong came to 794.2 billion yuan in August, more than 20 times the figure 12 years ago. Photo: Shutterstock
Remittances of yuan for cross-border trade settlements via Hong Kong came to 794.2 billion yuan in August, more than 20 times the figure 12 years ago. Photo: Shutterstock
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