The Hong Kong Monetary Authority (HKMA) on Monday appointed Mu Huaipeng, a former director general of financial markets at the People's Bank of China (PBoC), as senior advisor.
A spokesperson at the HKMA said Mu would offer assistance to the central bank in three key areas. His primary role will be to offer advice and assistance regarding financial cooperation between Hong Kong and mainland China.
He will also work on the expansion of the renminbi business in Hong Kong, and the development of opp
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