Hong Kong unveils gold, bond and liquidity plans to drive next phase of yuan adoption
Bourse operator Hong Kong Exchanges and Clearing (HKEX) will launch yuan-denominated gold futures early next year, while the cityโs de facto central bank plans to introduce more yuan products and platforms to support the diversification and digitalisation of the currencyโs internationalisation, speakers at a banking summit said on Wednesday. โWe have recently reactivated our gold contract in the US dollar. But in the future, perhaps sometime early next year, we will be coming up with a...