The People's Bank of China (PBOC), the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) announced to further enhance Swap Connect. HKEX (00388.HK) +1.600 (+0.424%) Short selling $272.76M; Ratio 15.955% 's clearing subsidiary, OTC Clear, will collaborate with China Foreign Exchange Trade System (CFETS) and Shanghai Clearing House (SHCH) to enrich the product features under Northbound Swap Connect, enabling international investors to better manage the interest rates risk of their RMB assets and facilitating the continued opening of China's financial markets and the internationalisation of the RMB, according to HKEX.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)Related NewsCiti: CM-US Dialogue May Lead to Phase 1.5 Agreement; US Estimated to Reduce Reciprocal Tariffs to 45%