Technology
Why Hong Kong wealth managers want broader access to mainland China’s Nasdaq-style markets
By Katherine Langford
Chinese banks explore local e-CNY wallets for foreign firms via upgraded platform
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN
Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.
More from Marcus →Managing Editor · Thursday, November 5, 2026 at 2:00 AM · 1 min read
Beijing is expanding its central bank-backed digital currency network to offshore institutions, including Hong Kong branches, while banks are also exploring local e-CNY wallets for foreign firms to deepen cross-border integration. “We currently have 30 domestic banks as e-CNY operators. Right now we’re working to extend this capability to offshore banks,” Lu Yuan, deputy head of the People’s Bank of China’s digital currency research institute, said on a panel at Hong Kong’s Fintech Week. “We...
Up nextWhy Hong Kong wealth managers want broader access to mainland China’s Nasdaq-style marketsTechnology · 1 min read
