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The Bamboo Works

Yuan Pricing for Mainland China Buyers Could Lift Hong Kong Stocks

Hong Kong China United States Great Wall

Key Takeaways:

Hong Kong and mainland stock regulators will create a mechanism allowing mainland Chinese to buy Hong Kong stocks using China’s yuan through an existing connect program
The new arrangement could boost overall trading in Hong Kong by allowing mainlanders to more easily buy Hong Kong stocks, which are now priced in Hong Kong dollars

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