Hong Kong should let investors trade Hang Seng Index stocks in renminbi, ex-monetary chief says


Source: scmp.com scmp.com

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An electronic billboard shows the Hang Seng Index in Hong Kong. Photo: EPA-EFE Hong Kong should let investors trade Hang Seng Index stocks in renminbi, ex-monetary chief says - Move would bolster the internationalisation of the currency, a goal laid down in China’s latest five-year plan, Joseph Yam argues - Top financial official says treasury bureau receptive to the idea, although some economists question its viability An electronic billboard shows the Hang Seng Index in Hong Kong. Photo: EPA-EFE