Beijing and Hong Kong announced measures to boost financial connectivity and yuan internationalization. The southbound Bond Connect quota increased, and yuan liquidity support expanded significantly. Hong Kong launched new gold clearing infrastructure and revived gold futures trading. Authorities are also developing electronic platforms for bond and foreign exchange trading. These initiatives aim to reinforce Hong Kong's role as a global financial hub.

The initiative features a cross-border delivery link with Shanghai to elevate Hong Kong’s status as a global bullion hub

The People's Bank of China will increase the allocation of national foreign exchange reserve assets in Hong Kong while expanding the Bond Connect program as part of a broader…

Announcement made by Chief Executive John Lee at Hong Kong FIC & Bond Connect Summit.

The governor of China’s central bank made the comment at the Hong Kong FIC & Bond Connect Summit on Tuesday.

The PBOC backs Hong Kong's launch of the first offshore Chinese government bond futures contract on August 3, advancing yuan internationalization efforts.

The PBoC and HKMA expand financial links between mainland China and Hong Kong with new yuan liquidity tools, Bond Connect upgrades, and e-CNY cross-border

Beijing and Hong Kong announced measures to boost financial connectivity and yuan internationalization. The southbound Bond Connect quota increased, and yuan liquidity support…

The city will also vet a license application for a new electronic fixed income and currency trading system.