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Hong Kong broadens yuan’s financial footprint as currency gains global appeal
Hong Kong Monetary Authority widens scope of yuan finance to solidify status as ‘offshore laboratory’ for currency amid de-dollarisiation trend.
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Hong Kong broadens yuan’s financial footprint as currency gains global appeal
Hong Kong Monetary Authority widens scope of yuan finance to solidify status as ‘offshore laboratory’ for currency amid de-dollarisiation trend.
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HKMA urges banks to widen scope of yuan use as currency’s global reach expands
Hong Kong Monetary Authority encourages banks to offer ‘holistic’ and ‘tailored’ yuan products to shore up city’s role as major offshore hub.