Hong Kong Financial Secretary: Enhancing offshore RMB liquidity, welcomes more sovereign institutions, international organizations, and companies to issue "dim sum bonds" in Hong Kong.

According to the Securities Times app, Hong Kong Financial Secretary Paul Chan Mo-po stated during his speech at the China Bank 2025 RMB Internationalization Forum on June 6 that the Hong Kong SAR government will promote the internationalization of the Renminbi from three aspects. First, to enhance offshore Renminbi liquidity, the SAR government will issue Renminbi bonds in Hong Kong with the support of central and local governments, welcome more institutions to issue "Dim Sum bonds" in Hong Kong, and support banks in providing Renminbi financing. Second, optimize offshore Renminbi financial infrastructure, improve clearing and custody services, promote interconnection with mainland payment systems, and advance innovation in the application scenarios of central bank digital currency. Third, enrich Renminbi investment and risk management products, support financial institutions in developing diversified products to meet market demand.