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Paul Chan: HKEX's Investment in CMU OmniClear Key Step to Accelerate Efficient Financial Infra Connectivity
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Financial Secretary Paul Chan spoke at the signing ceremony among the Hong Kong Monetary Authority (HKMA), HKEX (00388.HK), and CMU OmniClear, stating that this strategic collaboration between the HKMA and HKEX is a key step to accelerate efficient financial infrastructure connectivity, creating greater capacity for the leapfrog development of Hong Kong's financial market. He further highlighted three strategic significances of this collaboration. First, it enhances investment efficiency and flexibility, as more international investors are expected to allocate assets in China, including Chinese government bonds. Second, it releases liquidity, promotes product innovation, and enhances the function of Hong Kong's risk management center. Third, it aids the internationalization of the Renminbi, further elevating Hong Kong's status as an international financial center. AASTOCKS Financial News Website: www.aastocks.com |
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