China Securities Regulatory Commission: Carry out digital RMB pilot in Hong Kong in an orderly manner "
According to online reports, a few days ago, the China Securities Regulatory Commission issued a letter on the reply to the proposal of the second meeting of the 14th CPPCC National Committee. It mentioned that the China Securities Regulatory Commission and relevant departments will further optimize and expand the interconnection of the financial markets between the mainland and Hong Kong, continue to optimize mechanisms such as Stock Connect, Bond Connect, and Mutual Recognition of Funds, and conduct in-depth research and demonstration on the feasibility of Hong Kong companies listing in the mainland based on summarizing existing experience. We will continue to promote and optimize the pilot of "Cross-Border Financial Management Connect" business based on market demand, carry out the pilot of digital RMB in Hong Kong in an orderly manner based on actual conditions, and comprehensively deepen close practical cooperation between the mainland and Hong Kong. Consolidate and enhance Hong Kong's status as an international financial center. (Jin Shi)
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