The Hong Kong Securities and Futures Commission and the Monetary Authority have released a roadmap to jointly establish Hong Kong as a global fixed income and currency center.

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[Hong Kong Securities and Futures Commission and Monetary Authority Release Roadmap to Build Hong Kong into a Global Fixed Income and Currency Center] The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority jointly released the "Fixed Income and Currency Market Development Roadmap" today, strategically positioning Hong Kong as a global fixed income and currency center through promoting demand, liquidity, and innovation. The "Roadmap" proposes key measures around four main pillars, including Primary Market issuance, Secondary Market Liquidity, offshore RMB business, and new generation infrastructure. Developed after in-depth consultation with industry stakeholders, the "Roadmap" will serve as a blueprint for the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority in formulating and implementing relevant policy work in the coming years to support the diversification and sustainable development of Hong Kong's capital market.

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