Hong Kong unveils roadmap with aim to become global fixed income hub

The HKMA and SFC want to encourage primary issuances, enhance secondary liquidity, improve infrastructure, and play a prominent role in the internationalisation of the Renminbi.

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) said on September 25 that they wish to build Hong Kong into a global fixed income and currency market hub, to take advantage of opportunities brought by trends such as the internationalisation of the Renminbi.

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