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 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…

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

China’s gold reserves rise for 20th consecutive month, PBOC to deepen Hong Kong’s bond, offshore yuan markets