Hong Kong's Paul Chan seeking greater connectivity with Chinese investors

The financial secretary wants to see greater development of the dual counter on the Stock Connect.

Lynk Lynk
Nov 7, 2023 - 21:01
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Hong Kong's Paul Chan seeking greater connectivity with Chinese investors

November 07, 2023

Speaking at the second Global Financial Leaders’ Investment Summit in Hong Kong at the Four Seasons hotel on November 7, Hong Kong’s financial secretary Paul Chan said he wanted to develop the renminbi Rmb dual counter to be included southbound in the Stock Connect, a market access programme for investors between mainland China and Hong Kong. 

Chan said “24 major stocks can be traded at same time in Hong Kong dollar and renminbi. We are working very hard for the Rmb counter to be included southbound on the Stock Connect. We are working with the regulators and with the blessing of mainland authorities. We want more quality issuers...

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Markets #rmb #stock connect #china #hong kong