RMB globalization brings more investment

CNC
Added On January 21, 2015

A workshop themed “Opportunities in investment and financing by internationalizationn of RMB” was held during the Asia Financial Forum, held by HKSAR and HKTDC Tuesday. 

Norman T.L. Chan, the Chief Executive, Hong Kong Monetary Authority, said the world had entered a new era of tremendous opportunist, which themed with China’s growth, while the internationalizationn played key role in its open and reform. 
 
Norman T L Chan is the chief Executive of HK Monetary Authority.
"Expect the launching of SH-HK stock connect in November, and Removal of RMB conversion limit for Hong Kong residents, deposit increase positively last year. We have deposit more than one trillion at the end of 2014, and the capital pool suppose to be more than RMB 1.1 trillion."
 
He Guangbei, Vice Chairman and Chief Executive, Bank of China (Hong Kong) Limited, said the “One Belt One Road ” strategy would bring huge investment opportunities. 
 
Other guests thought The internationalizationn of the RMB is fast changing the global financial landscape, and ushering in an era of new investment and financing opportunities.