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HKEX Welcomes Further Swap Connect Enhancements
Recommend 16 Positive 20 Negative 3 |
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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)'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. AAStocks Financial News Website: www.aastocks.com |
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