HKMA launches RTC offensive among mainland corporates

Hong Kong steps up its campaign to win business of rapidly internationalising Chinese corporates from regional rivals.
Huawei moved its CTC closer to home

The Hong Kong Monetary Authority (HKMA), the territory's de facto central bank and financial regulator, has signed a memorandum of understanding with the Hong Kong Chinese Enterprises Association (HKCEA) to establish a cooperation framework that will help the association’s 1,000 members establish regional treasury centres (RTCs) in Hong Kong.

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