South China Morning Post CENTER (0.0) Reliability: 7.5/10

How Hong Kong is building an ecosystem to solidify its role as offshore yuan hub

✍️ Enoch Yiu 📅 October 18, 2025 09:00 AM 🕐 Scraped: October 18, 2025

Summary: Hong Kong is the largest offshore yuan market worldwide, with 76 per cent of offshore yuan payments in August conducted in the city.

When Hong Kong businessman Sunny Yip Yuk-chik heard about a new scheme that would make it easier and cheaper to borrow Chinese yuan, he immediately called his staff on the Chinese mainland with the news.

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📝 Article Information

Author

Enoch Yiu

Original Publisher

🌍 South China Morning Post

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Published Date

October 18, 2025 at 09:00 AM

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