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Hong Kong to Launch Dim Sum Bond Index in Offshore Yuan Hub Push
Source: Bloomberg
Credit & Bond MarketsCurrency & FXEmerging Markets
Hong Kong will launch an offshore yuan-bond index, Chief Executive John Lee said, aiming to create a benchmark that increases trading activity. The initiative is intended to reinforce Hong Kong's position as China’s leading offshore renminbi hub and could support development of the offshore RMB debt market.
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