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Hong Kong Puts Offshore Yuan First in First Five-Year Plan as Deposits Reach 1.1 Trillion Yuan

Hong Kong made offshore yuan its top financial priority in its first five-year plan announced Sept 16. HKMA data showed yuan deposits of about 1.1 trillion yuan at the end of August. HKEX reported listed dim sum bond issuance at 266.9 billion yuan by late September, up 13.8% year on year. The plan includes more liquidity tools and risk management products.
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