Hong Kong financial secretary Paul Chan Mo-po said authorities are expected to roll out measures next month to strengthen the city's role as an offshore yuan hub and increase the number of listed firms trading stocks in renminbi.

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As Beijing launches its new five-year plan, President Xi Jinping has revived his goal of turning China into a financial superpower. Analysts say Hong Kong, as a global financial centre, could play a key role in yuan internationalisation, digital yuan adoption, and cryptocurrency testing.

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