Hong Kong Monetary Authority encourages banks to offer ‘holistic’ and ‘tailored’ yuan products to shore up city’s role as major offshore hub.

Hong Kong Monetary Authority encourages banks to offer ‘holistic’ and ‘tailored’ yuan products to shore up city’s role as major offshore hub.

Hong Kong Monetary Authority widens scope of yuan finance to solidify status as ‘offshore laboratory’ for currency amid de-dollarisiation trend.