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Hong Kong releases fixed income and money market development roadmap to advance its status as a global financial center.
[Chain News] PANews, September 25 - The Hong Kong Securities and Futures Commission and the Monetary Authority jointly released the "Fixed Income and Currency Market Development Roadmap" on September 25, aiming to promote Hong Kong as a global center for fixed income and currency by enhancing demand, liquidity, and innovation. The "Roadmap" proposes ten initiatives covering the four major pillars of Primary Market issuance, Secondary Market liquidity, offshore Renminbi business, and new generation financial infrastructure, supporting the diversity and sustainable development of the Hong Kong Capital Market.
In addition, the Securities and Futures Commission and the Monetary Authority successfully held the "Hong Kong Fixed Income and Currency Forum 2025" today, bringing together senior officials and financial institutions from Hong Kong and the mainland to discuss opportunities and trends in the global fixed income and currency markets. SFC Chairman Huang Tianyou stated that the "Roadmap" will bring long-term benefits to market participants; MA Chief Executive Yu Weimen emphasized the need to seize opportunities from the internationalization of the RMB and the digitization of the market to promote innovation and development.