PBoC Deputy Governor Zou affirms will continue efforts to enhance market connectivity between mainland and Hong Kong
The reaffirmation by PBoC Deputy Governor Zou about enhancing market connectivity and backing for Hong Kong’s offshore RMB market signals continued support for RMB internationalization.
CNN reports the small plane crash at Bangor International Airport in Maine was a private jet carrying 8 people
China's Guangdong province targets 2026 GDP growth of 4.5%-5.0%
PBoC Deputy Governor Zou affirms will continue efforts to enhance market connectivity between mainland and Hong Kong
Reports note a crash of a small aircraft at Bangor International Airport in Maine, while it is not known how many passengers were on board and if there are any injuries
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- Pledges continued backing and steady development of Hong Kong’s offshore RMB market.
- To coordinate with authorities to increase yearly offshore RMB government bond issuance.
This could bolster confidence in Chinese assets and influence RMB liquidity, further impacting rates and risk sentiment, especially in Asian fixed income markets.
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