Hong Kong Financial Secretary Paul Chan: Hong Kong processes approximately 80% of the global offshore RMB payment transactions.

On June 6, Hong Kong Financial Secretary Paul Chan Mo-po attended the China Bank 2025 RMB Internationalization Forum and delivered a speech at the meeting. Chan Mo-po revealed that Hong Kong is the largest offshore RMB business hub in the world, handling about 80% of global offshore RMB payment transactions. It is the largest offshore RMB fund pool and has the most active RMB foreign exchange and bond market in the world.