Financial reporting

Anta Sports and Alibaba among first companies to introduce HKD-RMB Dual Counter Model

2023-06-20T10:53:00

Hong Kong Stock Exchange (Ank_Kumar)

The Hong Kong Exchanges and Clearing Ltd (HKEX) officially launched the “Dual Counter Model” for Hong Kong Dollar (HKD) and Yuan (RMB) on June 19. This is intended to strengthen Hong Kong’s role as an international financial center by bringing more liquidity and vitality to the stock market.

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