Hong Kong Regulators Chart Fixed Income and FX Roadmap
Watchdogs in Hong Kong unveiled their strategy to make the city a fixed income and currency hub, which includes further boosting usage of the Chinese yuan.
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) jointly announced the city’s «Roadmap for the Development of Fixed Income and Currency (FIC) Markets».
According to a statement, the plans to make Hong Kong an FIC hub include four pillars: primary market issuance, secondary market liquidity, offshore renminbi (RMB) business and next-generation infrastructure. Proposed initiatives include further attracting issuers to make use of Hong Kong as a fundraising hub, providing risk and liquidity management tools, boosting RMB usage and liquidity as well as facilitating market innovation via new infrastructure.
FIC Forum
In addition, the two regulators co-hosted the «Fixed Income and Currency Forum 2025» to facilitate further dialogue about insights on opportunities, challenges and emerging trends in the global fixed income and currency landscape. Attendees include senior officials from Hong Kong and mainland China, regulators and leaders from major financial institutions.
«Strengthening Hong Kong’s FIC markets is essential to advancing its position as an investment and fundraising hub. The Roadmap reflects our close collaboration and shared commitment with the HKMA, industry partners and other stakeholders to enhance Hong Kong’s vital role in bridging the Mainland and international capital markets,» said SFC CEO Julia Leung.
«To position Hong Kong as a global FIC hub and further cement our position as the premier offshore RMB business center, we will continue to build on our strengths, adapt to market changes and innovate, and capitalize on emerging trends, including RMB internationalization and the digitalization of the FIC market,» added HKMA chief Eddie Yue.
