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

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

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

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

New policy measures and a trial gold clearing system are drawing early trades from HSBC, Standard Chartered, ChinaAMC and other institutions