Proposal Seeks to Let Mainlanders Trade Hong Kong Stocks in Yuan

What’s new: Hong Kong will hold discussions with central government regulators on allowing Chinese mainland investors to trade Hong Kong stocks in the yuan through the stock connect program linking the two markets, according to a local official.

The move will strengthen Hong Kong’s role as an offshore yuan business hub, and improve the relevant ecosystem in the city, Christopher Hui, the city’s secretary for Financial Services and the Treasury, said in a legislative council meeting on Monday.