The Hong Kong Association of Banks welcomes new policies for financial cooperation between Mainland China and Hong Kong to further promote the construction of the offshore RMB market.

The Hong Kong Association of Banks welcomes the series of new policies announced by the People's Bank of China, the Hong Kong Monetary Authority, and the Hong Kong Securities and Futures Commission to strengthen financial cooperation between Mainland China and Hong Kong. The cooperation between the financial markets of Mainland China and Hong Kong has already yielded fruitful results in the early stages, and the various optimization and expansion arrangements introduced this time will further consolidate the foundation of cooperation and deepen the financial ties between Mainland China and Hong Kong...
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