IFLR1000

Jul 17, 2023 | iflr1000.com | Rossana Chu

The Hong Kong Dollar (HKD)-Renminbi (RMB) Dual Counter Model was launched in the Hong Kong stock market on 19 June 2023. The first batch covers 24 companies which already have their shares listed on the Main Board of the Hong Kong Stock Exchange and traded in HKD. Under the new model, investors may now also trade those shares by using their offshore RMB (that is, the RMB circulating outside Mainland China) on the RMB counter.