---
title: "Monetary Authority's Richard Yu: Collaborating with Xunqing and HKEX to promote bidirectional investment flows between Mainland China, Hong Kong, and international markets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265465225.md"
description: "HKMA's Richard Yu: Collaborating with Xunqing and HKEX to promote two-way investment flows between Mainland China, Hong Kong, and international markets"
datetime: "2025-11-12T08:04:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265465225.md)
  - [en](https://longbridge.com/en/news/265465225.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265465225.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265465225.md) | [繁體中文](https://longbridge.com/zh-HK/news/265465225.md)


# Monetary Authority's Richard Yu: Collaborating with Xunqing and HKEX to promote bidirectional investment flows between Mainland China, Hong Kong, and international markets

The Hong Kong Monetary Authority (HKMA) announced today (12th) that its subsidiary, "Fast Clearing Settlement Holdings Limited," has introduced the Hong Kong Exchanges and Clearing (HKEX) as a strategic shareholder to optimize the financial infrastructure of Hong Kong's capital markets and support the long-term development of the local fixed income and currency market ecosystem.

HKMA Chief Executive and Chairman of Fast Clearing Settlement Holdings, Richard Yu, stated that the strategic cooperation between the HKMA, Fast Clearing Settlement, and the Hong Kong Exchanges is an important milestone in the development of Hong Kong's financial infrastructure. It lays the foundation for the Central Moneymarkets Unit (CMU) to develop into a multi-asset platform, allowing investors to manage stocks and bonds in a one-stop manner, while also facilitating efficient two-way investment flows between mainland China, Hong Kong, and international markets. He looks forward to working with the Hong Kong Exchanges and Fast Clearing Settlement to leverage synergies, create more new opportunities, and further consolidate Hong Kong's position as a leading international financial center, global risk management center, and global offshore RMB business hub.

HKEX Group Chief Executive, Charles Li, stated that developing fixed income and currency businesses is one of HKEX's key business strategies. This investment demonstrates HKEX's commitment to building a diversified and vibrant multi-asset class ecosystem and contributes to the long-term stable development of the market. As global investors increasingly focus on opportunities in Asia, HKEX will work closely with regulators and market participants to further enhance Hong Kong's position as a global hub for bond financing, risk management, and offshore RMB business, realizing Hong Kong's potential as a global center for fixed income and currency.

According to the Payment Systems and Stored Value Facilities Ordinance, the HKMA remains the owner and operator of the CMU. Contracts with CMU members and connections established with other systems still belong to the HKMA

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