The Hong Kong Securities and Futures Commission and the Monetary Authority have released a roadmap to jointly build Hong Kong into a global fixed income and currency center.

[Hong Kong Securities and Futures Commission and Monetary Authority Release Roadmap to Build Hong Kong as a Global Fixed Income and Currency Center] The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority today jointly released the "Fixed Income and Currency Market Development Roadmap" for Hong Kong, strategically positioning Hong Kong as a global fixed income and currency center through promoting demand, liquidity, and innovation. The "Roadmap" proposes key measures around four pillars, including Primary Market issuance, Secondary Market Liquidity, offshore RMB business, and new generation infrastructure. The "Roadmap" was formulated after in-depth consultations with industry stakeholders and will serve as a blueprint for the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority's policy formulation and implementation efforts in the coming years to support the diversity and sustainable development of Hong Kong's Capital Market.

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