HKEx plans to launch products dominated in Chinese yuan

03/4/2010 | Bloomberg Businessweek

Hong Kong Exchanges and Clearing, one of the largest exchanges in Asia, is studying fixed income, exchange-traded funds, derivatives and other yuan products. The exchange is seeking to become a primary investment channel for overseas Chinese nationals. "I particularly like the part about yuan products because for foreign investors, betting on yuan appreciation is a big theme," said Jasmine Lai, an analyst at DBS Vickers Hong Kong. "This is Hong Kong Exchanges' niche."

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