2010-07-01

Yuan denominated H-shares

The currency reform continues...
HKEx Chair Says Yuan-Denominated Shares by Year-End
HKEx Chairman Ronald Joseph Arculli said June 30 that financial institutions may issue yuan-denominated shares in Hong Kong by the end of this year, at the earliest.

Arculli said that the HKEx is prepared and will "open the door" for yuan business.

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