Zhitong Finance App learned that Hong Kong Stock Exchange (00388.HK) CEO Chen Yiting said in a speech at the Hong Kong Stock Exchange Rates and Currency Asia Pacific Summit that offshore RMB bond issuance has more than doubled compared to 2020, and the market share of the internationalization of RMB foreign exchange transactions has increased from less than 1% to 7%. As a reserve currency, RMB's share has doubled since 2016, accounting for less than 5% of global cross-border payments. She said that in a global economy full of uncertainty and volatility, the RMB still has a lot of room for growth, and the internationalization of the RMB provides diversification opportunities for international investors.

Zhitongcaijing · 10/15 06:17
Zhitong Finance App learned that Hong Kong Stock Exchange (00388.HK) CEO Chen Yiting said in a speech at the Hong Kong Stock Exchange Rates and Currency Asia Pacific Summit that offshore RMB bond issuance has more than doubled compared to 2020, and the market share of the internationalization of RMB foreign exchange transactions has increased from less than 1% to 7%. As a reserve currency, RMB's share has doubled since 2016, accounting for less than 5% of global cross-border payments. She said that in a global economy full of uncertainty and volatility, the RMB still has a lot of room for growth, and the internationalization of the RMB provides diversification opportunities for international investors.