HK bourse to sell RMB products
By Emma Dai in Hong Kong | China Daily | Updated: 2014-05-23 07:02
Exchange will develop wider range of hedging tools for debt, currency markets
The stock exchange in Hong Kong will introduce yuan-denominated debt and currency products that the onshore market doesn't have, Chief Executive of HK Exchanges and Clearing Ltd Charles Li said on Thursday.
Li said these products, to be introduced in the coming years, will offer hedging tools to offshore investors.
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