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China's Yuan to Get Boost As Hong Kong Stocks Priced in Mainland Currency

June 18, 2023
Source: markets.businessinsider.com markets.businessinsider.com
News Snapshot:
Hong Kong-listed stocks will be priced in yuan on Monday, giving China's currency another boost. Two dozen stocks, including Alibaba and Tencent, will be traded in the yuan and the Hong Kong dollar. It comes as Beijing tries to internationalize the yuan and challenge the US dollar in global finance. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address By clicking...
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