Hong Kong Exchanges and Clearing chief executive Charles Li speaks after the long-awaited Shenzhen-Hong Kong Stock Connect was officially approved in August by the Chinese government. Photo: AP
Opinion
Opinion
Across The Border
Stock Connects can act as perfect hedge against yuan’s fall
As closed-loops, the yuan-in, yuan-out system avoids capital flight, but helps hedge the depreciation risk of the currency
Hong Kong Exchanges and Clearing chief executive Charles Li speaks after the long-awaited Shenzhen-Hong Kong Stock Connect was officially approved in August by the Chinese government. Photo: AP
