Business & Finance
FS promotes RMB investment
April 27, 2012
Financial Secretary John Tsang today urged Thai executives to invest in renminbi business in Hong Kong.The second day of his Bangkok visit, Mr Tsang spoke at a business luncheon held by the Hong Kong Economic & Trade Office (Singapore) and the Hong Kong Trade Development Council.
He promoted Hong Kong has China's premier platform for offshore renminbi business.
"Thai companies and businesses around the world can settle their trade with Mainland partners using renminbi. Investors can issue renminbi bonds and expand their renminbi portfolios through Hong Kong.
"We welcome more Thai investors to take advantage of Hong Kong's position as a global financial centre in the Asian time zone and as China's international financial centre."
He also met with Deputy Prime Minister and Minister of Finance Kittiratt Na-ranong, Deputy Minister of Commerce Poom Sarapol, and Thailand Securities & Exchange Commission Chairman Nawaporn Ruangskul.
He will return to Hong Kong tomorrow.
