CHINA BULLETIN: Economic Distress Signals Keep Coming
In this week’s issue the Middle Kingdom in the Middle East, Bill Gates goes to Beijing and Hong Kong welcomes yuan-based stock trading. On a scale of 1 to 100, we give the week a 50 for offshore-listed China stocks.
Hong Kong prepares for new era of yuan stock trading with ‘dual counter’ tickers
The city’s stock exchange hopes the addition of Chinese yuan trading for an initial 24 companies will draw in new investors who prefer to use the mainland currency Key Takeaways:…