News Snapshot:
The central district of Hong Kong. ANTHONY WALLACE/AFP via Getty Images 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. Two dozen Hong Kong-listed stocks will be priced in the yuan on Monday, giving China's currency another boost in global finance. Alibaba and Tencent will be among the shares that will be traded in both yuan and the Hong...
News Timeline:
Track the development of related news across the Internet.
June 18, 2023
11:00
China’s Yuan to Get Boost As Hong Kong Stocks Priced in Mainland Currency
Source: markets.businessinsider.com
June 4, 2023
03:30
Dollar dominance could give way to a new regime that includes the euro, yuan, CBDCs, and maybe something ‘we have yet to see’
Source: ca.finance.yahoo.com
April 30, 2023
01:25
Dollar dominance could give way to a ‘tripolar’ currency system as China’s yuan and the euro rise on the world stage
Source: ca.finance.yahoo.com
