Securities Supervision Commission: Support the inclusion of RMB stock trading counters in Hong Kong Stock Connect
2024-04-19 10:35:53
On April 19, the China Securities Supervision Commission said that it supports the inclusion of RMB stock trading counters in Hong Kong Stock Connect. Since the launch of the Hong Kong dollar-RMB dual-counter mechanism in Hong Kong, the mainland and Hong Kong exchanges and clearing companies have actively conducted research on the inclusion of RMB stock counters in Hong Kong Stock Connect. At present, the relevant business plan has reached a preliminary consensus. In the next step, the two sides will continue to advance the preparation work of improving the business plan, amending the rules, technological transformation, and investor education, and strive for an early launch to help the internationalization of the RMB.
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