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South China Morning Post
South China Morning Post
AsiaPac · 46 mins ago
78◉ Centre
Hong Kong considers new offshore yuan venture fund for tech, emerging industries
78Quality
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AI Analysis
Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Hong Kong's finance chief has announced the city is considering launching a new offshore renminbi venture fund to support technology and emerging industries as part of China's five-year development plan and yuan internationalisation efforts.

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Hong Kong considers new offshore yuan venture fund for tech, emerging industries
Hong Kong is actively considering launching a new offshore renminbi venture fund to channel capital into cutting-edge technology and emerging industries, while supporting yuan internationalisation, the city’s finance chief has said. The initiative aligns with the nation’s 15th five-year plan, which guides development from 2026 to 2030 and calls on Hong Kong to enhance its role as an international financial hub and expand its offshore renminbi business. “We are actively considering establishing a
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