An announcement will be made at a later date regarding the trading and settlement arrangements, and the start date for HKEX shares RMB under HKD-RMB Dual Counter Model.
HKEX introduced a new HKD/RMB dual counter model in the securities market. Also, a Dual Counter Market Creating Programme was launched to improve liquidity for RMB Counters.
HKEX had announced in March that it would open a London office in the first half 2023. Recently, the markets operator published its financial results 2022. The numbers showed a 12% decrease in revenue but a strengthening of the fourth quarter.
LeapRate first published the post HKEX submits for RMB counter-launch for trading HKEX shares