Benchmark yuan lending rate on horizon
Updated: 2012-02-24 07:37
By Oswald Chen(HK Edition)
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One hundred-yuan banknotes pass through a currency counting machine at the Hang Seng Bank Ltd headquarters in Hong Kong. Yuan lending business experienced a tremendous growth recently in the city. Jerome Favre / Bloomberg |
But current thin liquidity of the Chinese currency in HK's secondary market may setback this plan. Oswald Chen reports.
China Daily
(HK Edition 02/24/2012 page2)