The Hong Kong Securities and Futures Commission announced that RMB trading for Hong Kong stocks via Stock Connect will be implemented before July 1 next year, enabling mainland investors to directly buy and sell shares in renminbi. This move aims to streamline cross-border investment flows and reduce currency conversion costs for participants. Separately, the Hong Kong Monetary Authority confirmed that CMU OmniClear, a joint venture with HKEX, is developing a digital asset platform targeting CBDC settlement capabilities by year-end. The infrastructure will also explore interoperability with tokenized deposits and compliant stablecoins to modernize the region's financial settlement systems.