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How the RMB Business Facility will help consolidate Hong Kong’s financial role
Quota expanded to 500 billion yuan from Friday, with tenor increased to two to three years, up from one.
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Timeline cronologica
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Hong Kong yuan facility to expand 150% to US$73.6b to meet international demand
The city will also vet a license application for a new electronic fixed income and currency trading system.
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How the RMB Business Facility will help consolidate Hong Kong’s financial role
Quota expanded to 500 billion yuan from Friday, with tenor increased to two to three years, up from one.