The Zhitong Finance App learned that the Hong Kong Securities Regulatory Commission revealed that preparations are being made to include RMB trading counter stocks in Southbound Connect. The goal is to land before July 1 next year. The Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, said on a radio program that he has always been in close communication with mainland regulators. The integration of the RMB counter into the Southbound Link requires system updates and technical arrangements. He hopes to launch it as soon as possible, which is beneficial to both markets and investors.
Zhitongcaijing · 3d ago
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The Zhitong Finance App learned that the Hong Kong Securities Regulatory Commission revealed that preparations are being made to include RMB trading counter stocks in Southbound Connect. The goal is to land before July 1 next year. The Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, said on a radio program that he has always been in close communication with mainland regulators. The integration of the RMB counter into the Southbound Link requires system updates and technical arrangements. He hopes to launch it as soon as possible, which is beneficial to both markets and investors.
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