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#yuan trade ร—

Hong Kong well placed to help Central Asia grow yuan trade, leading banker says

Hong Kong has the โ€œmost complete renminbi financial ecosystemโ€ and is well placed to serve as a hub for Central Asian countries seeking to expand the currencyโ€™s use in trade and investment, according to a veteran banker. Stephen Chan Man, deputy chief executive of Bank of China (Hong Kong), also said on Thursday that the high-level delegation led by Chief Executive John Lee Ka-chiu next month to Kazakhstan and Uzbekistan was an opportunity to deepen financial ties with the region under a...