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HKEx's renminbi contracts ambition will depend on regulators


Hong Kong Exchanges and Clearing’s ambition to launch derivatives in renminbi will depend on future regulatory developments, the exchange has told Futures and Options Intelligence.

At present, all HKEx’s derivatives are denominated in Hong Kong dollars, but the exchange wants to develop closer ties with mainland China and Chinese exchanges. On March 4 it said it would expand its product range with renminbi contracts, but Calvin Tai, head...

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