Hong Kong might be the largest offshore yuan market, but its total yuan deposit is not big enough for even one week’s turnover at the city’s stock exchange. Photo: Bloomberg
Hong Kong might be the largest offshore yuan market, but its total yuan deposit is not big enough for even one week’s turnover at the city’s stock exchange. Photo: Bloomberg
HKEX

Hong Kong’s reboot of trading in yuan shares timely, even if it only attracts mainland Chinese investors, analysts say

  • The yuan’s illiquidity will not be attractive for international investors or local companies looking to go public, even if it does not present a hurdle for mainland investors, Morton Securities’ chairman says
  • Allowing southbound trading in yuan-denominated shares under the Stock Connects could help the city reboot such trading activity, analyst says

Hong Kong might be the largest offshore yuan market, but its total yuan deposit is not big enough for even one week’s turnover at the city’s stock exchange. Photo: Bloomberg
Hong Kong might be the largest offshore yuan market, but its total yuan deposit is not big enough for even one week’s turnover at the city’s stock exchange. Photo: Bloomberg
READ FULL ARTICLE