A new government plan to allow trading in yuan-denominated stocks will offer convenience for mainland investors and expedite RMB internationalisation, according to two Hong Kong-listed companies. Photo: EPA-EFE
A new government plan to allow trading in yuan-denominated stocks will offer convenience for mainland investors and expedite RMB internationalisation, according to two Hong Kong-listed companies. Photo: EPA-EFE
HKEX

Tencent, HKEX, New World, Ping An among first firms to explore Hong Kong issue of yuan shares under new scheme

  • HKEX, AIA, Bank of China (Hong Kong), NetEase and Meituan also among 14 companies that expressed interest in issuing yuan-denominated shares
  • The companies said the plan presented to lawmakers on Monday will offer convenience for mainland investors and expedite yuan internationalisation

A new government plan to allow trading in yuan-denominated stocks will offer convenience for mainland investors and expedite RMB internationalisation, according to two Hong Kong-listed companies. Photo: EPA-EFE
A new government plan to allow trading in yuan-denominated stocks will offer convenience for mainland investors and expedite RMB internationalisation, according to two Hong Kong-listed companies. Photo: EPA-EFE
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