A shadow of a man is reflected on a glass showing the yuan and the People's Bank of China building in the background as Beijing said it could possibly open onshore trading in the currency to foreign institutions. Photo: AP

China to open up onshore yuan trading to foreign players as currency falls for third consecutive day

HK status as a yuan hub faces threat as mainland moves to converge onshore-offshore trading by allowing in select foreign institutions

Topic |   China yuan devaluation 2015

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A shadow of a man is reflected on a glass showing the yuan and the People's Bank of China building in the background as Beijing said it could possibly open onshore trading in the currency to foreign institutions. Photo: AP
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