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| HSI1 | 25,818.93 | +44.79 | 92.52B |
| HSCEI1 | 8,915.12 | +1.29 | 34.27B |
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8 Departments: CN to Support Firms to Legally, Compliantly Finance in SG/ HK
2025-12-24 15:46:03 The People's Bank of China (PBOC) and 7 other departments jointly issued the Opinions on Financial Support for Accelerating the Construction of the New International Land-Sea Trade Corridor, proposing the exploration of the mutual market access between domestic and foreign financial markets. Banks that meet the conditions are supported to issue cross-border loans to ASEAN country enterprises or projects under regulatory compliance and macro-prudential frameworks. China should strengthen the developmental connection between provinces (regions & cities) along the route and the Guangdong-Hong Kong-Macao Greater Bay Area, supporting enterprises to legally and compliantly finance in Singapore and Hong Kong, so as to deepen the Qualified Foreign Limited Partner (QFLP) pilot program. ~ AASTOCKS Financial News Website: www.aastocks.com | |