Xu Zhengyu: Negotiate closely with mainland regulators to allow mainland investors to buy Hong Kong stocks in RMB
On June 19, Hong Kong's Secretary for Financial Services and the Treasury, Xu Zhengyu, said in Shanghai that this year marks the 10th anniversary of the interconnection between Hong Kong and the mainland market. Now Hong Kong stocks have RMB counters, and 24 large-denomination stocks can be traded in Hong Kong dollars or RMB at the same time. Now, in close consultation with mainland regulators, mainland investors are allowed to directly use RMB to buy RMB stocks listed in Hong Kong, and connect the RMB counter to the Hong Kong Stock Connect. (Interface News)