Macau is hoping to open a new yuan-denominated stock exchange. Photo: Xinhua

Macau submits proposal for ‘offshore yuan Nasdaq’ to Chinese government

  • Official involved in submitting proposal says he hopes the plan may be approved as a ‘birthday gift’ on 20th anniversary of city’s return to Chinese administration
  • Announcement of plan’s submission made at forum in Guangdong province on Saturday
Topic |   Greater Bay Area

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Macau is hoping to open a new yuan-denominated stock exchange. Photo: Xinhua
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He Huifeng

He Huifeng

He Huifeng is an award-winning journalist and has been focusing on mainland news reporting since 2001 for several overseas media. She has gained an in-depth knowledge of political, economic and social issues on the mainland through years of close observation, which has given her a love for journalism in the field.

Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.