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The Nexus
BUSINESSJul 22 · 23:00 UTCBLOOMBERGIris Ouyang and Shulun Huang

Hong Kong’s Offshore Yuan Market Evolves Into Global Funding Hub

Hong Kong’s offshore yuan market is becoming a global funding hub as increased yuan reserves drive corporate loans and capital market activity, reflecting progress in China’s currency internationalization efforts.

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Hong Kong’s Offshore Yuan Market Evolves Into Global Funding Hub · The Nexus