The next phase of Hong Kong's financial evolution

Beijing has unveiled a sweeping new package of measures to strengthen Hong Kong's role as the world's leading offshore renminbi hub and an international financial center. But why now? From expanding Bond Connect and offshore RMB liquidity to developing gold trading and new risk-management tools, are these measures simply deepening Hong Kong's financial markets or redefining its role in the global financial system? Host TU Yun joins Dr. Sean Chang, Academic Assessor, HKU SPACE, the University of Hong Kong, Dr. Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, and Dr. Warwick Powell, Adjunct Professor, Queensland University of Technology to unpack what's new, why it matters, and whether Hong Kong is on track to become a global pricing center for RMB-denominated assets.