Business · Markets · 10 hrs ago

HKEX plans more indices, derivatives and yuan-denominated products

HKEX plans more indices, derivatives and yuan-denominated products

Hong Kong Exchanges and Clearing, the operator of Hong Kong’s markets, plans to expand the products it offers.

Its chief executive, Bonnie Chan Yiting, outlined plans that include yuan-denominated gold futures and stock trading.

HKEX says the measures are intended to boost market liquidity, attract more international investors and expand the use of China’s currency.

The plans also cover indices, derivatives and other financial products.

Hong Kong is seeking to strengthen its position as an international financial centre, in line with priorities in the government’s policy address and five-year development plan.

HKEX says it intends to build a broader market ecosystem spanning several asset types.

What people are saying

We intend to meet this moment by building a multi-asset ecosystem spanning equities, fixed income, currencies, commodities, derivatives, indices and data.
Bonnie Chan YitingHKEX CEOvia SCMP

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