London will mark the location of HKEX’s second office outside of Asia, after New York. The announcement follows plans to open a European office, shared last year.
As China's green bonds harmonise with international standards, international investor demand for them is expected to grow in London, Luxembourg and Hong Kong.
China is succeeding in speeding up renminbi internationalisation across Europe but the pace may not be as fast as in Asia, where the currency is rapidly winning over markets.
A growing litany of scandals is challenging London's position as never before. With capital fast building up in Asia itself, what role does The City have in the future?