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Hong Kong’s regulatory platform ready to support new RMB initiatives

Hong Kong securities regulator, the SFC, has said that it stands ready to facilitate the implementation of Mainland policy initiatives aimed at accelerating the pace of transforming renminbi (RMB) into an internationally accepted and widely used currency. SFC’s acting chief executive officer, Alexa Lam said that she believes that the RMB bond market will take off “in an impressive fashion”…

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