香港取消人民幣匯兌上限

Hong Kong residents will soon be allowed to buy and sell as much renminbi as they want after the city ditched long-standing currency conversion limits.

香港當局週三取消了實施已久的人民幣兌換上限，當地居民交易人民幣的額度將不再受限。

For the last few years, Hong Kong people have only been allowed to convert up to Rmb20,000 a day into or out of the Chinese currency. However, as of next Monday, those restrictions will disappear, writes the FT's Josh Noble in Hong Kong.

過去幾年裏，香港居民每日只准換入或換出最多2萬元人民幣。從下週一開始，這些限制將被取消。

The move is designed to make it easier for people to buy and sell renminbi as and when they want, and will coincide with the launch of the Shanghai-Hong Kong stock connect equity trading scheme.

此舉旨在讓人們在需要時更便利地買入或賣出人民幣，其實施時間恰好與“滬港通”啓動時間相一致。

Those wanting to use the stock connect to buy Shanghai listed shares using renminbi, so freer access to cash should remove the need to accumulate cash in the currency ahead of time to make trades.

對於那些希望在“滬港通”機制下以人民幣購買上海上市股票的人來說，能夠更便利地獲取人民幣，就不必趕在交易之前積攢人民幣了。

The end of restrictions should also help boost the market for renminbi-denominated securities in Hong Kong - something the stock exchange and the government are keen to promote.

取消人民幣匯兌上限，應當也會提振香港的以人民幣計價的證券市場。港交所和港府都熱切希望推動這一市場的發展。