China Securities Supervision Commission: Orderly Launch Digital RMB Pilot in Hong Kong
2025-03-02 09:39:50
A few days ago, the China Securities Supervision Commission issued a letter on the reply to the proposal of the second meeting of the 14th National Committee of the Chinese People's Political Consultative Conference. It is mentioned that the China Securities Supervision Commission and relevant departments will further optimize and expand the interconnection of financial marekt between the mainland and Hong Kong, continue to optimize the mechanisms of Stock Connect, Bond Connect, and Mutual Recognition of Funds. On the basis of summing up existing experience, in-depth research and demonstration of the feasibility of Hong Kong companies listing on the mainland will continue to promote the optimization of the "cross-border financial connection" business pilot in light of market demand, and carry out the digital RMB pilot in Hong Kong in an orderly manner in combination with actual conditions. Comprehensive deepening of close practical cooperation between the mainland and Hong Kong, and
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