HKMA announces HKEX as a strategic shareholder in CMU OmniClear Holdings Limited, strengthening Hong Kong’s capital markets infrastructure.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On November 12, the Hong Kong Monetary Authority ("HKMA") announced a significant development in the financial infrastructure of Hong Kong. Hong Kong Exchanges and Clearing Limited ("HKEX") is set to become a strategic shareholder in CMU OmniClear Holdings Limited (CMU OmniClear Holdings), which is owned by the Exchange Fund managed by the HKMA. This move aims to reinforce the capital markets' financial infrastructure and advance Hong Kong's fixed income and currencies ("FIC") ecosystem.
CMU OmniClear Holdings was established in October 2025 to wholly own CMU OmniClear Limited, which operates the CMU system on behalf of the HKMA. To support the sustainable and diversified growth of Hong Kong’s capital markets, HKEX is introduced as a strategic shareholder. Upon completion, the Exchange Fund will hold 80% and HKEX will hold 20% of CMU OmniClear Holdings.
This strategic partnership aims to utilize the combined resources, technology, talent, and market expertise of the HKMA and HKEX to develop Hong Kong’s post-trade securities infrastructure into a major central securities depository ("CSD") in the region. The collaboration will also support the commercialization of CMU and the pursuit of business development initiatives such as expanding investor CSD services, asset classes coverage, and collateral management services.
The collaboration marks a significant milestone in the development of Hong Kong’s financial infrastructure, according to Mr Eddie Yue, the Chief Executive of the HKMA and Chairperson of the Board of Directors of CMU OmniClear Holdings. Ms Bonnie Y Chan, Chief Executive Officer at HKEX, expressed her delight in joining forces with the HKMA and CMU OmniClear to support the next chapter of growth in Hong Kong’s FIC ecosystem. The investment reflects HKEX’s commitment to building a diversified and vibrant multi-asset class product network.
The HKMA remains the owner and system operator of CMU for the purposes of the Payment Systems and Stored Value Facilities Ordinance.
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