Renminbi deposits up 7.5%

Deposits grew to RMB548.8 billion.

A news.gov.hk report said, “The total remittance of the renminbi for cross-border trade settlement amounted to RMB153.4 billion, compared to RMB134.2 billion in April.”

Meanwhile Hong Kong-dollar deposits contracted slightly by 0.4% while foreign-currency deposits rose by 1.7%.

View the full report here.