Analysis: How Macau is deepening offshore Renminbi liquidity with Hong Kong

The cooperation includes a new arrangement between the HKMA and AMCM to facilitate a cross-border investment channel to clear, settle, and hold bonds registered in either market; bond deals are climbing strongly in Macau.
April 15, 2025

Macau has issued debt instruments are capitalising on policy developments in Hong Kong, where the financial hub is cementing its linkages among the Special Administrative Regions (SARs) and across the Greater Bay Area (GBA).

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