Hong Kong HKMA: will closely monitor the implementation of the northbound swap with the regulatory authorities of the two places

[Hong Kong Monetary Authority: will closely monitor the implementation of the northbound swap with the regulatory authorities of the two places] the northbound swap was officially launched today. Yu Weiwen, chief executive of the Hong Kong Monetary Authority, said that this is another new milestone in financial cooperation between the two places. At the same time, it also provides new opportunities for Hong Kong's financial institutions. The HKMA will closely monitor the implementation of the northbound swap with the regulatory authorities of the two places and improve and upgrade various operational arrangements in accordance with market development and the needs of investors. Continue to work with mainland regulators to provide more diversified risk management tools for international investors.