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