HONG KONG, Sept. 25 (Xinhua) -- The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) on Thursday unveiled a comprehensive "Roadmap for the Development of Fixed Income and Currency Markets," aimed at solidifying Hong Kong's position as a global FIC hub by fostering demand, liquidity, and innovation.
The roadmap outlines initiatives across four critical pillars, namely, primary market issuance, secondary market liquidity, offshore renminbi (RMB) business, and next-generation infrastructure. Formulated in close consultation with industry stakeholders, it serves as a guiding framework for the SFC and HKMA, shaping policy and implementation strategies to support the sustainable and diversified growth of Hong Kong's capital markets.
