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HKMA's Eddie Yue: Co-op with CMU OmniClear, HKEX Facilitates 2-Way Investment Flows between Mainland, HK & Int'l Mkts
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The Hong Kong Monetary Authority (HKMA) announced today (12th) that HKEX (00388.HK) will become a strategic shareholder of CMU OmniClear Holdings Limited, strengthening Hong Kong's capital markets financial infrastructure and advancing the long-term development of Hong Kong's fixed income and currencies (FIC) ecosystem. Eddie Yue, Chief Executive of the HKMA and Chairperson of CMU OmniClear, said the strategic collaboration between the HKMA, CMU OmniClear, and HKEX marks a significant milestone in the development of Hong Kong's financial infrastructure. This partnership, as Yue pointed out, establishes a strong foundation for transforming CMU into a multi-asset class platform that provides investors with one-stop access to equity and debt securities while facilitating efficient two-way investment flows between the Chinese Mainland, Hong Kong, and international markets. Together with HKEX and CMU OmniClear, Yue looks forward to unlocking synergies and creating many more new business opportunities, further strengthening Hong Kong's position as a leading international financial center, global risk management center, and global offshore RMB business hub. AAStocks Financial News |
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