HONG KONG, May 19 (Xinhua) Hong Kong Exchanges and Clearing Limited (HKEX) announced on Friday that it will launch the Hong Kong Dollar (HKD)-Renminbi (RMB)
HKEX to launch HKD-RMB dual counter model next month chinadailyhk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadailyhk.com Daily Mail and Mail on Sunday newspapers.
Financial analysts in Hong Kong expect the new trading mechanism of Hong Kong shares in both Hong Kong dollars and renminbi will further propel the renminbi's internationalization and cement Hong Kong's position as the premier offshore renminbi financing center.