Hong Kong Financial Secretary Paul Chan: Closely consult with mainland regulatory agencies to allow mainland investors to buy Hong Kong stocks with RMB

ChainCatcher news, according to a report by Interface News, Hong Kong's Secretary for Financial Services and the Treasury, Xu Zhengyu, stated in Shanghai that this year marks the 10th anniversary of the interconnection between the Hong Kong and mainland markets. Currently, there is a RMB counter for Hong Kong stocks, and 24 large-cap stocks can be traded in either HKD or RMB simultaneously. We are now closely consulting with mainland regulatory authorities to implement allowing mainland investors to directly use RMB to purchase RMB-denominated stocks listed in Hong Kong, connecting the RMB counter to the Hong Kong Stock Connect.