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China to Encourage More Yuan Listings in Hong Kong

FIONA LAW The Wall Street Journal 01/18/2012 00:19
China to Encourage More Yuan Listings in Hong Kong - Business - Hong Kong - China


Chinese securities regulators plan to encourage more mainland companies to seek yuan-denominated listings in Hong Kong, with further revisions to rules governing listings outside the mainland, a senior official said.



The effort could potentially jump-start a market that has failed to gain any traction.

Comments by Yao Gang, vice chairman of the China Securities Regulatory Commission, at a forum Monday are the latest in Beijing's push to make Hong Kong an offshore hub for China's currency.


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