Central Banking

Macao weighs launch of yuan-denominated securities market

Macao city skyline
Macao city skyline
Stefan Magdalinski

The Monetary Authority of Macao (AMCM) is conducting a feasibility study on the launch of a new yuan-denominated securities market, as the city aims to become a yuan clearing centre for Portuguese-speaking nations, the authority tells Central Banking.

Echoing Beijing’s Greater Bay Area plan to spur growth in southern China’s Pearl River Delta, Macao’s government wants to position itself as a financial service interface between China and Portuguese-speaking nations.

“The Macao government is

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