Hong Kong Seeks to Attract More Borrowers in Offshore Yuan Push

Hong Kong is seeking to attract more yuan borrowers and expand trading products in the Chinese currency, as officials capitalize on de‑dollarization trends and China’s push to build a global...

By Charlie Zhu, Wenjin Lv · Bloomberg Markets

Hong Kong is seeking to attract more yuan borrowers and expand trading products in the Chinese currency, as officials capitalize on de‑dollarization trends and China’s push to build a global yuan.