他表示，香港政府联同监管机构和港交所(00388)亦会继续在推动离岸人民币业务和丰富产品生态圈的各个层面多下功夫，包括支持内地上市企业增设人民币柜台、鼓励内地机构增发离岸人民币债券、推动更多机构发行人民币计价交易所买卖基金及其他产品，以进一步丰富香港的人民币投资产品。Xu Zhengyu said that with regard to the “HKD-RMB double counter model,” a total of 24 listed companies currently use the dual counter model to provide Hong Kong dollar and RMB securities trading. The total Hong Kong dollar counter for their securities accounts for about 40% of the average daily turnover of the spot securities market.
The Zhitong Finance App learned that the Hong Kong Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, said that with regard to the “HKD-RMB double counter model,” there are currently 24 listed companies using a dual counter model to provide HKD and RMB securities trading. The total HKD counter for their securities accounts for about 40% of the average daily turnover of the spot securities market. Additionally, 12 exchange participants were designated as market bookmakers to carry out bookmaker and liquidity supply activities. Since the launch of the dual-counter model and dual-counter bookmaker mechanism, the turnover of renminbi-denominated securities did not account for a significant share of the overall market in the early stages, which was not unexpected. He said that he will continue to promote the dual counter model through promotional activities, with a view to gradually expanding the scale of double counter trading on the basis of increasing the RMB stock counter and enhancing the overall competitiveness of the Hong Kong stock market.
He pointed out that as the amount of RMB cross-border payments and the share of global payments continue to grow, it is believed that the number of overseas investors holding RMB will gradually increase. The dual counter model will provide a convenient channel for investors to allocate assets in RMB, enhance the function of RMB as an international investment currency, increase RMB investment channels abroad, continue to enrich Hong Kong's offshore RMB business and asset types, and help the RMB internationalization process advance steadily.
He said that the Hong Kong Government, together with regulators and the Hong Kong Stock Exchange (00388), will also continue to work hard at all levels to promote offshore RMB business and enrich the product ecosystem, including supporting mainland listed companies to set up additional RMB counters, encouraging mainland institutions to issue additional offshore RMB bonds, and promoting more institutions to issue RMB denominated exchange-traded funds and other products to further enrich Hong Kong's RMB investment products.
