• 09/21/2024

Alibaba, Tencent, Ping An and a dozen Hong Kong-listed stocks kick off Dual Currency Model in dollars and yuan

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Hong Kong and foreign investors on Monday started to use offshore yuan funds to buy and sell Alibaba Group, Tencent and 22 other stocks, marking another landmark in the internationalisation of the currency.

https://www.scmp.com/business/markets/article/3224538/alibaba-tencent-and-dozen-hong-kong-listed-stocks-kick-dual-currency-model-dollars-and-renminbi?utm_source=rss_feed