People in Hong Kong will remit your euros to Hong Kong dollars first, and then from Hong Kong dollars to RMB. In fact, this is not very cost-effective!

At home, the euro is directly converted into RMB.

If you want to ask which is more cost-effective, I suggest you find HSBC or Hang Seng Bank in China, and the difference will be converted. The comparison between the two banks is worthwhile. Domestic ordinary banks are quite different, with dozens of points in and out! In fact, if you really want to calculate, it is that your bank in Hong Kong is directly converted into RMB, which may still be more cost-effective than your bank in China. After all, the price difference of dozens of points is still considerable!