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港交所(00388.HK)報告倡推出更多人民幣買賣證券產品
阿思達克 03-19 08:50
港交所(00388.HK)首席中國經濟學家辦公室發表研究報告,建議可推出更多涵蓋各類股本證券、定息證券、ETF及REIT的人民幣買賣證券產品,供投資者進行廣泛的人民幣資產配置,並搭配用於人民幣投資組合及風險管理的回購工具及人民幣衍生產品等相關工具,又指開設人民幣交易櫃台有助刺激離岸投資者對人民幣證券投資及內地投資者對全球資產配置和多元化投資的需求。

若人民幣櫃台適宜地納入「港股通」以至其他互聯互通機制的南向交易,更可進一步擴大離岸人民幣證券交易和離岸人民幣資金池。現有的互聯互通機制範圍若能擴大,亦可促進在岸與離岸市場之間的人民幣流通。

報告指,在人民幣國際化的進程中,活躍的離岸人民幣市場必不可少,本港市場已發展成為全球領先的離岸中心,可透過提升及創新其人民幣產品及服務,優化市場基建,進一步拓展離岸人民幣資金池及人民幣在離岸市場的使用率,推動人民幣國際化進程。香港在強化其作為全球金融中心和離岸人民幣樞紐地位方面,有中國政府在政策上的支持,可透過提升及創新其人民幣產品及服務,以更大程度上滿足內地以至全球發行人及投資者的需要。

按美元及日圓的經驗,要達到人民幣國際化的目標,擁有一個活躍的離岸人民幣中心是不可缺少,香港在各離岸人民幣市場中,人民幣存款金額最高、提供的離岸人民幣產品最多,與內地的互聯互通機制涵蓋股票及債券,並有良好的金融基建配套。

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