Hong Kong’s reboot of trading in yuan shares timely, even if it only attracts mainland Chinese investors, analysts say

//Hong Kong’s reboot of trading in yuan shares timely, even if it only attracts mainland Chinese investors, analysts say

Hong Kong’s reboot of trading in yuan shares timely, even if it only attracts mainland Chinese investors, analysts say

It is the right time to reboot trading in yuan-denominated shares in Hong Kong, even if it only attracts mainland Chinese investors and not international traders, analysts said.Allowing mainland investors to trade Hong Kong stocks in the yuan through the southbound Stock Connects would promote yuan share trading in the city. A lack of yuan liquidity in the city, however, means international investors will be reluctant to trade in such stocks, while companies will be discouraged from issuing…

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By | 2021-10-07T11:31:13+00:00 October 7th, 2021|Business|Comments Off on Hong Kong’s reboot of trading in yuan shares timely, even if it only attracts mainland Chinese investors, analysts say