Business & Finance
Hong Kong well placed to help Central Asia grow yuan trade, leading banker says
Key Points
Hong Kong has the “most complete renminbi financial ecosystem” and is well placed to serve as a hub for Central Asian countries seeking to expand the currency’s use in trade and investment, according to a veteran banker. Stephen Chan Man, deputy chief executive of Bank of China (Hong Kong), also said on Thursday that the high-level delegation led by Chief Executive John Lee Ka-chiu next month to Kazakhstan and Uzbekistan was an opportunity to deepen financial ties with the region under a...
Hong Kong has the “most complete renminbi financial ecosystem” and is well placed to serve as a hub for Central Asian countries seeking to expand the currency’s use in trade and investment, according to a veteran banker.
Stephen Chan Man, deputy chief executive of Bank of China (Hong Kong), also said on Thursday that the high-level delegation led by Chief Executive John Lee Ka-chiu next month to Kazakhstan and Uzbekistan was an opportunity to deepen financial ties with the region under a...