Ms Julia Leung delivered a speech titled 'Pioneering a New Era for Offshore Renminbi Hub' at the Hong Kong Fixed Income and Currency Forum 2025, emphasizing the importance of Hong Kong as an offshore RMB hub. The speech highlighted key developments and challenges in the offshore RMB market.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
On September 25, 2025, Julia Leung delivered a speech titled 'Pioneering a New Era for Offshore Renminbi Hub' at the Hong Kong Fixed Income and Currency Forum 2025. The speech, in Chinese, explores Hong Kong's pivotal role as an offshore Renminbi ("RMB") hub.
Ms. Leung emphasizes the key developments and challenges in the offshore RMB market, underscoring Hong Kong's importance within the global financial landscape. She notes a rising demand for RMB-denominated financial instruments and the increase in RMB usage for international transactions.
The speech delves into the regulatory and operational challenges that must be addressed to bolster Hong Kong's status as an offshore RMB hub. Leung suggests that robust regulatory frameworks and innovation in financial technology are essential for the RMB market's sustained growth.
The speech concludes with a call for collaboration among policymakers, financial institutions, and market participants. This cooperation is vital to developing a more robust and inclusive offshore RMB market, ensuring Hong Kong's leadership in international finance and currency operations.
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