The Zhitong Finance App learned that on December 29, the Hong Kong Monetary Authority announced that since the second phase of the RMB business funding arrangement, the list of participating banks has been expanded to 40, and the total amount allocated to participating banks has increased from 50 billion yuan in the previous phase to 100 billion yuan. As announced by the Hong Kong Monetary Authority on September 26, the RMB business funding arrangement will further expand the scope of eligible uses of RMB funds covered from the second phase to RMB capital expenditure and term loans for working capital. The banking industry reacted positively to this optimization arrangement.

The Zhitong Finance App learned that on December 29, the Hong Kong Monetary Authority announced that since the second phase of the RMB business funding arrangement, the list of participating banks has been expanded to 40, and the total amount allocated to participating banks has increased from 50 billion yuan in the previous phase to 100 billion yuan. As announced by the Hong Kong Monetary Authority on September 26, the RMB business funding arrangement will further expand the scope of eligible uses of RMB funds covered from the second phase to RMB capital expenditure and term loans for working capital. The banking industry reacted positively to this optimization arrangement.