BUSINESS● LOWSep 7 · Sep 7, 2026, 1:00 AM
Hong Kong’s yuan pool is growing. Can it turn liquidity into global demand?
South China Morning Post · east asia
Hong Kong’s top financial regulators have urged local banks to make greater use of the city’s growing pool of offshore yuan liquidity, while also flagging the need to prepare for a coming wave of autonomous AI systems used in the financial sector. Speaking at the Hong Kong Association of Banks (HKAB) Distinguished Speaker Luncheon, Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), called on lenders to leverage their international networks to expand the Chinese...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS1h agoSK Hynix shares plunge 10% amid Asia tech rout as Fed rate hike fears, AI funding worries mountCNBCBUSINESS1h agoIt's official | The IRS confirms that people with these jobs will deduct up to $25,000 from their annual federal taxes with Form W-2 if they meet these requirements.Clarín