匯豐廖宜建:香港在促進人民幣國際化大有可為 內地50萬億「超額儲蓄」可釋放
匯豐亞洲及中東地區聯席行政總裁廖宜建在活動上表示,香港作為連接東西的國際金融樞紐,在促進人民幣國際化及內地資本市場有序開放方面大有可為。
他指出,金管局今年2月推出「人民幣貿易融資流動資金安排」,市場反響熱烈。在現有1,000億人民幣基礎上,可考慮進一步擴大規模。目前人民幣佔全球貿易融資總額6.15%,為第三大貿易融資貨幣,香港的融資量提升將帶動亞太區人民幣使用,促進更多企業以人民幣結算。
匯豐環球研究估計,內地居民儲蓄當中,160萬億人民幣(22萬億美元)屬於現金,而當中50萬億人民幣(6.5萬億美元)被視為超額儲蓄。這些資金除了可以轉化為促進內需的居民消費,還可以轉化為投資,服務實體經濟的資金需求,也同時實現投資增值。作為很多內地企業的上市融資地,香港自然也是內地居民進行投資的最佳選擇之一。今年至今港股已錄得800億美元資金流入,反映港股通南下資金的活躍度。
他指出,為便利內地投資者,應加快以人民幣直接參與港股通,擴大離岸人民幣流動性,豐富人民幣產品選擇,並鼓勵更多上市公司設立人民幣櫃檯。另外,在資產管理領域,內地保險公司、養老基金等機構投資者,以及個人投資者,都希望透過配置海外資產,實現投資組合的多元化。
優化債券通北向通方面,他指,自今年2月起,國際投資者可於離岸市場進行人民幣債券回購,標誌市場發展新里程碑,為提升回購活躍度,跟大型機構投資者交流獲得的反饋是,認為可探索允許抵押品再抵押,增強國際投資者持有人民幣債券的動力,提升市場效率。
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