{
  "id": 26958,
  "title": "Eddie Yue: Response to media regarding the new measures announced by People Bank of China's Governor Pan Gongsheng",
  "url": "https://urgent.news/2026/07/30/eddie-yue-response-to-media-regarding-the-new-measures-announced-by",
  "topic": "ai",
  "section": "AI",
  "published": "2026-07-30T12:48:00.000Z",
  "source": {
    "name": "BIS Central Bank Speeches",
    "slug": "bis-central-bank-speeches",
    "url": "https://www.bis.org/review/r260730f.htm"
  },
  "original_language": "en",
  "account": "At the Hong Kong FIC & Bond Connect Summit, People's Bank of China Governor Pan Gongsheng unveiled 11 measures to bolster financial ties between Hong Kong and the mainland. Chief Executive of the Hong Kong Monetary Authority, Eddie Yue, praised the collaboration with PBoC and expressed gratitude to his counterparts from the PBoC and the Securities and Futures Commission (SFC).\n\nSix measures aim to boost Hong Kong's fixed income and currency markets, while the remaining five bolster the offshore RMB market. Policy arrangements are based on market and investor feedback, offering greater policy flexibility and operational benefits for the industry.\n\nEnhancements for Bond Connect, such as expanding Southbound Bond Connect and extending Northbound Bond Connect settlement time, will provide investors with more options and improve settlement efficiency. The HKMA is also collaborating with PBoC to promote Hong Kong's offshore RMB business and internationalization, introducing measures like increasing the RMB Business Facility's quota and exploring a tendering mechanism for 7-day offshore RMB liquidity. These initiatives aim to reinforce Hong Kong's position as a global financial hub and reinforce financial collaboration between Hong Kong and the mainland.",
  "summary": "Response by Mr Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, to media regarding the new measures announced by People Bank of China's Governor Pan Gongsheng at the Hong Kong FIC & Bond Connect Summit, jointly hosted by the Hong Kong Monetary Authority, the Securities and Futures Commission, Hong Kong Exchanges and Clearing Limited and Bond Connect Company Limited, Hong Kong, 7…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}