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Digital RMB continues to land, and foreign banks continue to deploy

On June 7, HSBC (China) Limited announced that it has launched digital RMB services for corporate customers, becoming one of the first foreign banks that can provide digital RMB services to both corporate and retail customers. In addition to HSBC China, Hang Seng Bank (China) Limited also announced in mid-May that as an institution participating in the cross-border digital RMB pilot project in the mainland and Hong Kong, Hang Seng China provides personal banking customers with a seamless service to recharge digital RMB wallets in Hong Kong at a fast speed. (Brokerage China)