HKMA ramps up efforts to boost RMB liquidity

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July 8, 2026

HKMA Boosts Further to Enhance Renminbi Liquidity

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Hong Kong views offshore renminbi business as a major growth driver. With support from the People’s Bank of China, the HKMA has rolled out multiple measures to help the industry develop. Many of these initiatives are aimed at providing the market with more ample renminbi liquidity, including increasing the total limit under the Renminbi Business Facility (RBF) from 200 billion yuan (RMB, and so on) to 500 billion yuan. Implementation will take place on Friday (the 10th), meaning that Hong Kong banks can have more “ammunition” to support enterprises in using offshore renminbi ...

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