HK market needs bright ideas: SFC
(01-15 14:43)
There is still room for Hong Kong to improve its yuan products and services, where ideas are needed to create its own eco-system to serve global investors, said Alexa Lam Cheung Cheuk-wah, deputy chief of Securities and Futures Commission.
Lam said Hong Kong currently relies heavily on China to expand bussines channels.
Lam noted that the People's Bank of China expects Hong Kong to take more bold and innovative steps in expanding yuan businesses.
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